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Stock impact report

Why Investors Were Excited Even Though Airline Stocks Lowered Guidance [The Motley Fool]

JetBlue Airways Corporation (JBLU) 
Last jetblue airways corporation earnings: 1/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.jetblue.com/investor-relations
Company Research Source: The Motley Fool
On Sept. 9,United Airlines(NASDAQ:UALIn this video fromBackstage Passrecorded on Sept. 9Lou Whiteman:TheairlinesDeltaNYSE:DALSpiritNYSE:SAVEJetBlueNASDAQ:JBLUSouthwestNYSE:LUVUnited had said they were going to be profitable in the third quarter, which would been the first time they were profitable since COVID hit -- not so fast anymore. The others -- Southwest,AmericanIn United's case, revenue will be down about % from two years ago, pre-COVID, same quarter. American lowered its forecast, I think a decline of like % to 8%, from 0%. JetBlue said, smaller base, but they were guiding % to 9% down. Now they're saying 6% to 9% And as a result, the stocks were all up. At point I think the entire sector is up more than %, gave back some of that.What's going on here? For one, I don't think a single investor woke up this morning, read United's thing, and found out the delta variant is in the air and the cases were spiking. I think that there has been some inevitability of this coming, and to b Show less Read more
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