logo
welcome
CNBC

CNBC

JetBlue shares jump 15% as activist Carl Icahn reports stake and calls shares undervalued

CNBC
Summary
Nutrition label

68% Informative

Carl Icahn amassed the stake in a series of purchases in January and February .

He plans to continue discussions with the company "regarding the possibility of board representation," filings say.

JetBlue has been cutting costs and working to improve operations in an effort to return to profitability.

This is not Icahn 's first investment involving the airline industry.

VR Score

72

Informative language

74

Neutral language

37

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links