The Traderszone Network

Published in TZ Latest News 19 November, 2014 by The TZ Newswire Staff

JetBlue Retakes Buy Point; PetSmart Jumps On Buyout Report

Discount airliner JetBlue (JBLU) hit a new high in heavy volume Wednesday and retook a 12.93 buy point from a cup base in the process. The airline industry has been in a strong multiyear uptrend, but JetBlue lags peers Spirit Airlines (SAVE), Southwest Airlines (LUV) and Alaska Air Group (ALK) in terms of earnings and revenue growth. The stock finished 2% above its buy point, up 0.52 to 13.24.

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