Gogo Inc. (GOGO) Soars 11.56% on December 11

Gogo Inc. (GOGO) Soars 11.56% on December 11

Gogo Inc. (GOGO) had a good day on the market for Tuesday December 11 as shares jumped 11.56% to close at $3.86. About 3.22 million shares traded hands on 14,111 trades for the day, compared with an average daily volume of n/a shares out of a total float of 87.46 million. After opening the trading day at $3.51, shares of Gogo Inc. stayed within a range of $4.06 to $3.51.

With today’s gains, Gogo Inc. now has a market cap of $337.59 million. Shares of Gogo Inc. have been trading within a range of $11.75 and $3.45 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $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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