Why Shares of JetBlue Are Falling Today

Why Shares of JetBlue Are Falling Today

JetBlue Airways (NASDAQ: JBLU) reported third-quarter results on Tuesday morning that came in ahead of expectations. On Tuesday, JetBlue said it lost $1.75 per share on revenue of $492 million, which was actually considerably better than the $2-per-share loss on revenue of $457 million that was expected.