Shares of JetBlue Airways Corp.
took a -11% dive 11.43% to $8.45 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
falling 4.68% to 10,809.23 and Dow Jones Industrial Average
falling 2.79% to 30,516.74. This was the stock’s fifth consecutive day of losses. JetBlue Airways Corp. closed $10.33 below its 52-week high ($18.78), which the company reached on June 14th.
The stock underperformed when compared to some of its competitors Monday, as Southwest Airlines Co.
fell 6.28% to $37.62, United Airlines Holdings Inc.
fell 10.06% to $37.02, and Delta Air Lines Inc.
fell 8.29% to $32.21. Trading volume (15.4 M) eclipsed its 50-day average volume of 11.9 M.