JetBlue Airways is New York's Hometown Airline®. Co. serves various destinations across the U.S., the Caribbean and Latin America, and between New York and London. Co. is a point-to-point system carrier, with the majority of its routes touching at least one of its focus cities: New York, Boston, Fort Lauderdale-Hollywood, Orlando, Los Angeles, and San Juan, Puerto Rico. Co. markets its services through advertising and promotions in various media forms including social media outlets. Co. engages in multi-market programs, local events and sponsorships across its route network as well as mobile marketing programs. Co.'s distribution channel to customers is through its website, www.jetblue.com. We show 55 historical shares outstanding datapoints in our JBLU shares outstanding history coverage, used to compute JBLU market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing JBLU market cap history over the course of time is important for investors
interested in comparing JBLU's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of JBLU versus a peer is one thing; comparing
JBLU market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like JBLU can fluctuate over the course of history.
With this page we aim to empower investors researching JBLU by allowing them to research the JBLU market cap history. |
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Video: The Importance of Market Cap
