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JetBlue has lost more than $2 billion since its last profitable year, 2019.
Here are some of the major companies whose stocks moved on the week's news.
Spirit Airlines (SAVE) benefits from a recovery in air-travel demand. However, rising operating expenses and high debt weigh on the bottom line.
JetBlue's merger with Spirit is officially canceled. Bondholders for Spirit Airlines are plotting what to do with the company.
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Why Frontier Stock Is Flying High Today

03:53pm, Monday, 04'th Mar 2024
Frontier shareholders are the big beneficiaries of the decision by JetBlue and Spirit to abandon their merger. Frontier was already one of the best growth stories in the industry, and now it doesn't h

JetBlue, Spirit scrap $3.8B acquisition deal

01:30pm, Monday, 04'th Mar 2024
JetBlue Airways (JBLU) and Spirit Airlines (SAVE) have officially terminated their $3.8 billion merger agreement. JetBlue was seeking to acquire Spirit but could not secure the necessary regulatory ap

JetBlue and Spirit call off merger

01:01pm, Monday, 04'th Mar 2024
JetBlue Airways (NASDAQ:JBLU) has torn up its proposed takeover of Spirit Airlines, after a federal judge blocked the $3.8 billion deal.  Shares in New York airline JetBlue jumped almost 4% in earl
JetBlue and Spirit Airlines formally pulled the plug Monday on their merger, about six weeks after a federal judge ruled it violated US antitrust law.

New Jobs Week to Keep Bull Market Charging?

11:21am, Monday, 04'th Mar 2024
There will also be a healthy number of additional economic and earnings reports through the course of this week.
JetBlue (JBLU) and Spirit Airlines (SAVE) have called off their $3.8 billion proposed merger after regulators blocked the deal.
Shares of Spirit Airlines (NYSE: SAVE ) stock are taking a tumble after the discount airliner announced that its $3.8 billion merger with JetBlue (NYSE: JBLU ) had been called off. This morning, the t
Spirit and JetBlue have officially abandoned their planned merger after running up against regulatory opposition. Spirit will now have to navigate a difficult operating environment on its own, with la
Low-cost carriers JetBlue and Spirit called off their proposed $3.8 billion merger on Monday — weeks after a federal judge blocked the deal on anti-competition concerns. A successful deal would hav
The price JetBlue had agreed to pay was looking like way too much.
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