Shares of JetBlue are up more than 18% in Tuesday afternoon trading as activist investor Carl Icahn took an almost 10% stake in the airline. Icahn, who purchased shares in
Icahn, who purchased the shares in January and February, said in a regulatory filing that he believe JetBlue’s stock is undervalued and represents an attractive investment opportunity. The stock is down abut 29% in the past year.
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JetBlue shares soar as activist investor Carl Icahn takes a stake in the airline journal-news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from journal-news.com Daily Mail and Mail on Sunday newspapers.