George Soros' fund bets on U.S. leisure travel, with fresh stakes in JetBlue, Spirit, Sun Country
Billionaire investor George Soros’ investment fund has placed new bets on low-cost and ultra-low-cost U.S. airlines, going for fresh stakes in JetBlue Airways Corp., Spirit Airlines Inc. and Sun Country Airlines Holdings Inc., according to a filing late Wednesday. Soros’ fund, which had invested in JetBlue JBLU in the distant past, has bought more than 370 million shares of the low-cost airline, which recently appealed a court ruling blocking its merger with Spirit. Activist... Master your money. Subsc ...