JetBlue Airways (JBLU) continued its strong rally, trading up 5.38% at $6.37, despite the absence of any specific company news or major announcements today.
- The stock has achieved an 18.3% return over the last seven days, extending a rally that began on January 28.
- Recent analysis suggests JBLU may be significantly undervalued, estimating a 42% discount based on DCF models.
- The gains occurred amid a broad market rebound, with the S&P 500 rising 1.77% and the Nasdaq up 2.05%.