JetBlue Airways shares dropped between 8% and 9% during intraday trading on Thursday, February 19, 2026.
Scott+Scott Attorneys launched a legal investigation into the company’s directors and officers regarding potential breaches of fiduciary duties. The probe focuses on reported health risks associated with fumes on board aircraft.
Operational disruptions from Winter Storm Fern compounded the downward pressure, leading to numerous flight cancellations. The airline also reported fourth-quarter results featuring a larger adjusted loss per share compared to the previous year.
Analysts maintain a collective Reduce rating on the stock. This valuation reflects concerns over weak fundamentals, specifically a negative net margin and a high debt-to-equity ratio.