🔴 JBLU is trading 3.02% down today as weak employment data sparks a broader market sell-off

JBLU is trading at $5.78, down 3.02% as of 10:41 AM EST, reversing recent gains as disappointing January employment data fuels recession fears across the broader market.

• The decline follows a 7% surge on February 4 after Citigroup upgraded the stock to Neutral and raised its price target to $6.00, citing improving fundamentals.
• Macroeconomic headwinds are overshadowing company-specific progress, with the S&P 500 and NASDAQ dropping over 1% after private payrolls added only 22,000 jobs, missing the 45,000 forecast.
• Despite JetBlue's Jet Forward transformation delivering $305 million in incremental EBIT in 2025, investors remain focused on execution risks and the airline's stretched balance sheet amid softening demand.