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Quadrant Capital Group sold shares in JetBlue, despite the airline reporting better-than-expected Q4 earnings.
Quadrant Capital Group LLC reduced its JetBlue Airways holdings by selling 6,584 shares, leaving it with 22,102 shares valued at $174,000.
JetBlue reported a better-than-expected Q4 EPS of -$0.21, and Raymond James upgraded the stock's rating to "Outperform."
JetBlue, with a market cap of $1.52 billion, operates in 100 destinations across the US, Caribbean, Latin America, Canada, and Europe.
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Quadrant Capital Group vendió acciones en JetBlue, a pesar de que la aerolínea reportó mejores ganancias Q4 de las esperadas.