JetBlue (JBLU) Higher After Director Discloses 50,000 Purchase

May 22, 2012 1:05 PM EDT
JetBlue Airways (Nasdaq: JBLU) popped higher following the disclosure of the following insider transaction.

According to an SEC Form 4, Director Peter Boneparth bought 50,000 shares on the open market on May 18th or an average price of $4.20 per share. Gross value of the transaction is $210,000.

Following the deal, Boneparth holds 74,502 shares.


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