$JBLU
Added 2024-02-13 17:51:14 +0000 UTCCarl Icahn, who is one of the best activist Investors to ever exist has been buying up $JBLU when it dipped and we do not blame him.
He saw how undervalued $JBLU was and the quality of their brand and was not happy with their mismanagement of the company and has come in now to make changes to free up value for shareholders and mainly himself.
This is not the first time Icahn has done this....he did it with TWA many years ago and initially had a lot of success.
Share price really enjoyed this news and on a tough day for the market too, this is currently up 17.55%
We already had this going to Wave 5 regardless and this catalyst pushed the price above the 200 Day MA and straight to our level and more.
This could run to the 1.618 Fib at $8.05
