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Post by clinton on Feb 12, 2024 18:10:48 GMT -5
sold 2/3 of my JBLU AH on the pop
Shares of JetBlue (NASDAQ:JBLU) jumped afterhours on Monday after activist investor Carl Icahn disclosed a 9.91% stake in the U.S. low-cost airline via a Securities and Exchange filing. JBLU +17.6% at $7.18 after the bell. Icahn now owns about 33.6 million shares of JBLU, which are valued at $204.1 million based on last closing price of $6.07 per share. Icahn disclosed in the filing that he bought JBLU shares in the belief that "they were undervalued and represented an attractive investment opportunity". Icahn also disclosed that he intends to continue to have, discussions with members of the JetBlue's management and board of directors regarding the possibility of board representation.
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Post by frank3w on Feb 12, 2024 19:18:00 GMT -5
i was just looking at JBLU! 😆
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