JetBlue rises after report it is exploring a sale

Shares of JetBlue Airways JBLU.O rise 12.5% to $4.72

Airline is exploring sale, Semafor reports, citing people familiar with the matter

Jetblue has specifically scenario-planned how a merger with United Airlines, Alaska Airlines, or Southwest Airlines might fare in Washington - report

JBLU told Reuters it does not comment on market speculation or rumors

Median PT of 19 brokerages covering the stock is $4.75 - data compiled by LSEG

Shares up 6.5% YTD