JetBlue stock is soaring thanks to an unexpected profit ...Middle East

Quartz - Economy
JetBlue stock is soaring thanks to an unexpected profit
source : Quartz ( Middle East ) () 30
JetBlue Airways presented earnings Tuesday, and its stock is soaring because the numbers were better than expected. They weren’t good on their face — net income was down more than 80% year-over-year to $25 million; revenue was down 7% to $2.5 billion — but Wall Street had forecasted a loss for the quarter. In early…Read more...

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