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JetBlue Airways Corp. JBLU stock rose 1.6% in premarket trades Tuesday after the airline reported better-than-expected earnings and outlook.
The carrier reported a first-quarter net loss of $192 million, or a loss 58 cents a share, compared with a net loss of $255 million, or a loss of 79 cents a share, in the same period last year. On an adjusted basis, JetBlue reported a loss of 34 cents a share, compared with a loss of 80 cents a share in the prior year’s quarter.
Analysts…
