Airline Stocks – JetBlue Airways Corp. stock falls Friday, underperforms market
Shares of JetBlue Airways Corp.
JBLU,
slipped 1.01% to $18.63 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
COMP,
rising 1.55% to 12,920.15 and the Dow Jones Industrial Average
DJIA,
rising 1.85% to 31,496.30. This was the stock’s second consecutive day of losses. JetBlue Airways Corp. closed $1.25 short of its 52-week high ($19.88), which the company reached on February 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Southwest Airlines Co.
LUV,
rose 1.50% to $56.92, United Airlines Holdings Inc.
UAL,
fell 2.94% to $50.52, and Delta Air Lines Inc.
DAL,
fell 1.60% to $46.21. Trading volume (13.6 M) eclipsed its 50-day average volume of 8.5 M.
Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.
Airline Stocks – JetBlue Airways Corp. stock falls Friday, underperforms market
Tags: Airline Stocks