Airlines: Southwest, JetBlue stocks jump on earnings
Yahoo Finance Live’s Jared Blikre breaks down the rise in Southwest and JetBlue stocks.
Video transcript
JARED BLIKRE: And now I want to take a look at a couple of trending tickers on the Y-Fi Interactive. And specifically, I'm looking at shares of Southwest and JetBlue. Now, both are rising this morning. And that's after the companies both gave upbeat revenue forecasts, saying demand for travel is high, despite concerns that inflation may weigh on consumer spending. Southwest added that it is on track to report, quote, "solid profits for the quarter and for the rest of 2022."