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“JetBlue shares jump after activist Carl Icahn reports stake and calls shares undervalued”

“Activist investor Carl Icahn late Monday reported a nearly 10% stake in JetBlue Airways, saying the airline stock is undervalued. Shares of JetBlue gained 21% on Tuesday… In the past 12 months, JetBlue’s stock is down more than 27% as of Monday’s close. The NYSE Arca Airline Index, which tracks the broader sector, has gained nearly 7% during the same period…”

https://www.cnbc.com/2024/02/12/activist-investor-carl-icahn-reports-nearly-10percent-stake-in-jetblue-airways-says-stock-is-undervalued.html

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