Gogo Inc. (GOGO) Plunges 9.26%

Gogo Inc. (GOGO) Plunges 9.26%

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 Monday January 18 as shares tumbled 9.26%, or a loss of $-1.12 per share, to close at $10.98. After opening the day at $11.90, shares of Gogo Inc. traded as high as $11.99 and as low as $10.95. Volume was 2.36 million shares over 15,095 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 $936.04 million. In the last year, shares of Gogo Inc. have traded between a range of $13.45 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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