Large Outflow of Money Witnessed in JetBlue Airways Corporation

JetBlue Airways Corporation (NASDAQ:JBLU) surged 0.43% during the last session. The last traded price was up 0.07 points at $16.54. The data for the fund flow suggests that the net intraday money flow was $(-7.68) million. The fund value in upticks was recorded to be $2.31 million and in downticks, it was found to be $9.99 million. The up/down ratio for the day was measured to be 0.23. For the week, the shares have seen a percentage change of -8.57%.A block trade of $(-7.36) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0 million and that of downticks was $7.36 million. The block tradeoff had the up/down ratio of 0.

JetBlue Airways Corporation has lost 9.89% in the last five trading days and dropped 10.88% in the last 4 weeks. JetBlue Airways Corporation has dropped 19.74% during the last 3-month period . Year-to-Date the stock performance stands at -28.04%.

Currently the company Insiders own 0.7% of JetBlue Airways Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.5% . Institutional Investors own 83.29% of JetBlue Airways Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 10.93%. . On the companys insider trading activities, The officer (EVP & General Counsel), of Jetblue Airways Corp, Hnat James G had unloaded 1,000 shares at $16.87 per share in a transaction on June 15, 2016. The total value of transaction was $16,870. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

JetBlue Airways Corporation (NASDAQ:JBLU) witnessed a decline in the market cap on Friday as its shares dropped 1.03% or 0.17 points. After the session commenced at $16.41, the stock reached the higher end at $16.66 while it hit a low of $16.265. With the volume soaring to 5,932,758 shares, the last trade was called at $16.3. The company has a 52-week high of $27.36. The company has a market cap of $5,251 million and there are 322,154,730 shares in outstanding. The 52-week low of the share price is $16.26.

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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