JetBlue Airways (JBLU) shares fell 3.96% to $5.58 on February 12, 2026, extending a multi-day decline amid significant financial distress indicators and legal headwinds.
- Bearish options activity surged to 9,470 put contracts—double the expected volume—as investors focus on $5.50 strikes due to high debt levels and a low Altman Z-Score of 0.64.
- The stock is under pressure from a lawsuit alleging the company concealed health risks from employees, while also tracking broader market losses in the S&P 500 and Nasdaq.
- Price Highlight: JetBlue closed at $5.58 (-3.96%), continuing a downward trend from its $6.01 level on February 10.