JetBlue Stock Is Rising

It’s the four words that CEO’s and other company executives love to hear – The stock is up.

Despite a slow bounce-back from COVID as well as some dubious financial decisions, investors are in love again with JetBlue Airways.

JetBlue hit a 52-week high of $8.25 per share, riding a nearly 50 percent increase in its stock. That included several key decisions that were generally accepted on Wall Street, including a change in CEO’s and the announcement of first-class domestic flights coming in 2026.

Morgan Stanley has also given an "Equalweight" rating and the airline is making the switch to more fuel-efficient Airbus planes. JetBlue will also use Airbus equipment at a key critical hub in Boston, as well as in Madrid and Edinburgh.

There have also been rumors that JetBlue maintains a strong relationship with Alaska Airlines and have discussed a merger.

In Las Vegas, they would say that JetBlue is on a heater.

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