Previous Close | 0.0100 |
Open | 0.0100 |
Bid | 0.0000 |
Ask | 0.0100 |
Strike | 8.00 |
Expire Date | 2024-05-31 |
Day's Range | 0.0100 - 0.0100 |
Contract Range | N/A |
Volume | |
Open Interest | 373 |
JetBlue (JBLU) shares are climbing after the airline lifted the bottom end of its second quarter revenue guidance, citing healthy travel demand. Yahoo Finance's Seana Smith and Madison Mills break down the latest earnings as the travel industry faces increased demand. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
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JetBlue now expects its second-quarter revenue to fall between 6.5% and 9.5%, compared with its previous forecast of a 6.5% to 10.5% decrease. "Better operational performance is driving solid cost execution in the second quarter, and is further supported by recent trends in jet fuel prices, which have declined over the quarter," the airline said in a regulatory filing. JetBlue had cut some of its routes and markets that were unprofitable and moved resources to better-performing regions.