JetBlue Shares Surge as Icahn Eyes Growth

JetBlue Shares Soar Over 20% as Carl Icahn Reveals Large Stake

JetBlue Airways experienced a significant surge in its shares, with prices rising over 20% following the disclosure of a nearly 10% stake by billionaire investor Carl Icahn. This announcement has granted Icahn two board seats, further enhancing his influence over the airline. The positive news contributed to JetBlue's stock closing at $6.96 on Friday, demonstrating a remarkable growth of more than 25% this year.