Tactical high-beta short squeeze—after plunging nearly 10% on Monday (Oct 26) to $2.37 on 62M shares following reports that senior creditors hired restructuring advisers, $JetBlue Airways(JBLU)$ ripped +18.99% on Tuesday to $2.82 ($1.06B market cap) as management outlined liquidity options and a path to $1.00+ EPS by 2028.
Is JetBlue’s +19% Rebound a Sustainable Turnaround or a Dead-Cat Short Squeeze?
Tactical high-beta short squeeze—after plunging nearly 10% on Monday (Oct 26) to $2.37 on 62M shares following reports that senior creditors hired restructuring advisers, $JetBlue Airways(JBLU)$ ripped +18.99% on Tuesday to $2.82 ($1.06B market cap) as management outlined liquidity options and a path to $1.00+ EPS by 2028.
Tactical high-beta short squeeze—after plunging nearly 10% on Monday (Oct 26) to $2.37 on 62M shares following reports that senior creditors hired restructuring advisers, $JetBlue Airways(JBLU)$ ripped +18.99% on Tuesday to $2.82 ($1.06B market cap) as management outlined liquidity options and a path to $1.00+ EPS by 2028.
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