Airline Stocks – JetBlue Airways Corp. stock rises Monday, still underperforms market
Shares of JetBlue Airways Corp.
JBLU,
inched 0.27% higher to $18.48 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
COMP,
rising 3.01% to 13,588.83 and the Dow Jones Industrial Average
DJIA,
rising 1.95% to 31,535.51. The stock’s rise snapped a three-day losing streak. JetBlue Airways Corp. closed $1.40 short of its 52-week high ($19.88), which the company achieved on February 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Southwest Airlines Co.
LUV,
fell 0.12% to $58.06, United Airlines Holdings Inc.
UAL,
rose 1.20% to $53.31, and Delta Air Lines Inc.
DAL,
rose 0.25% to $48.06. Trading volume (7.7 M) remained 1.0 million below its 50-day average volume of 8.7 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 rises Monday, still underperforms market
Tags: Airline Stocks