JetBlue Soars 8% After Carl Icahn’s Stake

JetBlue Soars 8% as Activist Investor Carl Icahn Discloses 9.91% Stake

Shares of JetBlue Airways are trading over 8% higher in the after-hours on Monday, following the revelation that activist investor Carl Icahn has acquired a 9.91% stake in the company. According to a SEC filing dated February 1st, Icahn believes that the shares are undervalued and represent an attractive investment opportunity.