SAVE - Why Is JetBlue Airways Stock Trading Higher Today? | Benzinga
Activist investor Carl Icahn’s Icahn Capital reported a 9.91% stake in JetBlue Airways Corporation (NASDAQ:JBLU).
According to the SEC regulatory filing, Icahn purchased the shares between January and February for approximately $119.75 million.
He has had plans to continue discussions with the company “regarding the possibility of board representation,” the filing noted.
Carl Icahn also noted that JetBlue Airways was undervalued and represented an attractive investment opportunity.
The company has made headlines ...