"Icahn's 9.91% Stake Sends JetBlue Stock Soaring"
Activist investor Carl Icahn disclosed a 9.91% stake in JetBlue Airways Corp., leading to a 19% jump in the airline's stock. Icahn has had talks with management about potential board representation, as JetBlue evaluates steps to return to profitability following legal setbacks. The news coincided with Joanna Geraghty taking over as CEO and Icahn adding directors to the board of American Electric Power Co.