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April 13, 2020, 11:59 a.m. EDT
By Michael Ashbaugh, MarketWatch
The major U.S. benchmarks are firmly lower early Monday, pressured in the wake of their best week since 1974.
Against this backdrop, the downturn originates from the S&P 500’s next notable resistance (2,817). The selling pressure’s aggressiveness, or lack thereof, will likely add color.
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JetBlue Q4 ave. daily cash burn $6.7 mln vs. previous guidance $6 mln-$8 mln
JetBlue Q4 load factor 52.4% vs. 81.9% a year ago; FactSet consensus 49.9%
JetBlue Q4 revenue $661 mln vs. $2.03 bln a year ago; FactSet consensus $633.7 mln
JetBlue Q4 adj. per-share loss $1.53; FactSet loss consensus $1.67
American Airlines stock soars after narrower-than-expected loss, sales and load factor beats
Altria now sees 2021 adj. EPS $4.49 to $4.62; FactSet consensus $4.63
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