Large Outflow of Money Witnessed in JetBlue Airways Corporation

JetBlue Airways Corporation (JBLU) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (1.35 million) in JetBlue Airways Corporation (JBLU). On Monday, The value of composite uptick trades was $1.17 million, whereas, the value of composite downtick trades was $2.52 million and the ratio between the two was 0.46, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $1.41 million. The negative money flow of ($1.41 million) shows selling on strength. JetBlue Airways Corporation (JBLU) gained $0.03 intraday at $18.67 and registrered 0.16% for the week.


JetBlue Airways Corporation has dropped 11.82% during the last 3-month period . Year-to-Date the stock performance stands at -18.28%. Shares of JetBlue Airways Corporation rose by 7.37% in the last five trading days and 12.39% for the last 4 weeks. In a related news,The officer (CEO and President) of Jetblue Airways Corp, Hayes Robin sold 5,000 shares at $16.18 on July 6, 2016. The Insider selling transaction had a total value worth of $80,900. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

JetBlue Airways Corporation (NASDAQ:JBLU): On Mondays trading session , Opening price of the stock was $18.57 with an intraday high of $18.78. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $18.4949. However, the stock managed to close at $18.51, a loss of 0.70% for the day. On the previous day, the stock had closed at $18.64. The total traded volume of the day was 3,985,832 shares.

JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States, Caribbean and Latin America. The Company operates Airbus A321, Airbus A320 and EMBRAER 190 aircraft types. The Companys firm aircraft orders consists of approximately 33 Airbus A321 aircraft, 25 Airbus A320 new engine option (A320neo) aircraft, 45 Airbus A321 new engine option aircraft, 24 EMBRAER 190 aircraft and 10 spare engines. It operates fleet, which consists of approximately 13 Airbus A321 aircraft, 130 Airbus A320 aircraft and 60 EMBRAER 190 aircraft. The Company served approximately 87 BlueCities in 27 states, the District of Columbia, the Commonwealth of Puerto Rico, the United States Virgin Islands, and 17 countries in the Caribbean and Latin America.

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