The stock is off 97% from all-time highs.
It has been an extremely turbulent period for this budget airline and its investors.
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away...
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, struggling to pay even the interest on their loans and often just a bad business hit away...
Stocks that traded heavily or had substantial price changes on Monday: Autodesk, Coherent rise; Waste Management, Hertz Global fall
This year has seen some impressive runs for certain stocks. These are two stocks to avoid.
The discount airliner can't seem to generate positive free cash flow.
Travel demand remains strong, but cracks are showing at certain carriers.
June Nasdaq 100 E-Mini futures (NQM24) are trending up +0.53% this morning as Tesla surged on new EV promises and investors looked ahead to the next round of corporate earnings.
JBLU earnings call for the period ending March 31, 2024.