Why did JetBlue Airways stock jump 8% at the open?

JetBlue Airways stock jumped after the airline said it now expects lower costs and a softer revenue decline this quarter. The carrier's shares ( JBLU) rose around 8% at the open, to top $6. JetBlue said it now sees revenue declining between 6.5% and 9.5% for the quarter ending June 30, compared with previous guidance for a decline of up to 10.5%.

Why are JetBlue (jblu) shares climbing?

JetBlue ( JBLU) shares are climbing after the airline lifted the bottom end of its second quarter revenue guidance, citing healthy travel demand. Yahoo Finance's Seana Smith and Madison Mills break down the latest earnings as the travel industry faces increased demand.

Is JetBlue Airways a good stock to buy?

JetBlue Airways is a well known stock, with plenty of analyst coverage, suggesting some visibility into future growth. So it makes a lot of sense to check out what analysts think JetBlue Airways will earn in the future (free analyst consensus estimates) JetBlue Airways shareholders are down 26% for the year, but the market itself is up 24%.