The Tale Of Travel Stocks
It remains a mixed bag for travel stocks this earnings season, with several big players reporting today. Let’s recap a few. 👇
JetBlue Airways fell 8% after saying it doesn’t expect to post a profit during the third quarter, cutting its full-year earnings guidance from $0.70-$1.00 to $0.05-$0.40. Its second-quarter earnings and revenue were essentially in line with expectations and at the top of the company’s previous guidance. ✈️