JetBlue Airways (JBLU) announced plans to raise $500 million in new financing, a move that helped the stock rebound significantly after the airline reported a wider-than-expected fourth-quarter loss.
- The capital is intended to support the company's 'JetForward' strategy and ongoing investment needs for 2026.
- Following the financing news, JBLU shares climbed 6.13% in live trading, reaching $5.02.