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Billionaire investor Carl Icahn takes near-10% stake in JetBlue, echoing his iconic TWA deal
JBLUJetBlue(JBLU) Business Insider·2024-02-13 13:40

Carl Icahn revealed a near-10% stake in JetBlue worth about $200 million on Monday. The activist investor said the airline's stock is undervalued and he's seeking board representation. Icahn famously took control of TWA in the 1980s, but the airline ended up filing for bankruptcy. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're ...