Why JetBlue Stock Is Flying High on Tuesday
The carrier's Q2 results pleasantly surprised everyone -- including management.Shares of JetBlue (JBLU 17.37%) were soaring Tuesday, up by 17% as of 1 p.m. ET after the discount airline landed a surprise profit in the middle of Wall Street before the opening bell.Heading into the quarterly report, the consensus view among analysts was that the airline would lose 2.4 billion in revenue in Q2. They were right about the revenues -- but instead of losing money, JetBlue delivered an $0.08 per ...