Why Gogo Stock Is Falling Today
Shares of Gogo (NASDAQ: GOGO) fell 10% on Wednesday morning after the aviation internet services provider was downgraded to underweight at Morgan Stanley.
Gogo shares have staged a nice post-pandemic recovery over the past year. The stock is up 50% over the past 12 months thanks in part to a September update that provided a rosy outlook for future cash flow.
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Source Fool.com
