Gogo Inc. (GOGO) Plunges 9.95%

Gogo Inc. (GOGO) Plunges 9.95%

Gogo Inc. is a Gogo Inc is a US-based in-flight connectivity system and service provider.

Gogo Inc. (GOGO) had a rough trading day for Wednesday December 02 as shares tumbled 9.95%, or a loss of $-1.1 per share, to close at $9.96. After opening the day at $10.88, shares of Gogo Inc. traded as high as $10.89 and as low as $9.90. Volume was 3.82 million shares over 24,009 trades, against an average daily volume of n/a shares and a total float of 85.25 million.

As a result of the decline, Gogo Inc. now has a market cap of $849.09 million. In the last year, shares of Gogo Inc. have traded between a range of $11.98 and $1.34, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

Gogo Inc is a US-based in-flight connectivity system and service provider. The company through its subsidiaries offers aero communications, in-flight broadband, and wireless in-cabin digital entertainment solutions for the aviation industry. Its business segments include; Commercial Aviation North America, Commercial Aviation Rest of World, and Business Aviation. The company offers connectivity and entertainment services to commercial airlines flying routes within North America, satellite-based connectivity and entertainment services to foreign-based commercial airlines and North American-based commercial airlines flying outside North America, and a variety of in-flight Internet connectivity and other voice and data communications products and services.

Gogo Inc. is based out of Chicago, IL and has some 1,115 employees. Its CEO is Oakleigh Thorne.

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