Gogo Inc. (GOGO) Plunges 5.41% on December 07

Gogo Inc. (GOGO) Plunges 5.41% on December 07

Gogo Inc. (GOGO) had a rough trading day for Friday December 07 as shares tumbled 5.41%, or a loss of $-0.21 per share, to close at $3.67. After opening the day at $3.89, shares of Gogo Inc. traded as high as $4.04 and as low as $3.66. Volume was 1.35 million shares over 6,356 trades, against an average daily volume of n/a shares and a total float of 87.46 million.

As a result of the decline, Gogo Inc. now has a market cap of $320.97 million. In the last year, shares of Gogo Inc. have traded between a range of $11.75 and $3.52, 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 systems 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; CA-NA, CA-ROW, and BA. Gogo 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 under its Gogo Business Aviation brand to the business aviation industry.

Gogo Inc. is based out of Chicago, IL and has some 1,244 employees. Its CEO is Oakleigh Thorne.

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