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Why Gogo Stock Jumped Today

·2-min read
Why Gogo Stock Jumped Today
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In-flight broadband specialist Gogo (NASDAQ: GOGO) trounced the market in early trading Thursday, rising as high as 14% before settling down to roughly a 6% gain by 11 a.m. EDT. The company announced solid operating results before the opening bell and lifted its outlook for the wider 2021 year. Gogo reported a 31% sales increase year over year for the selling period that ended in late September thanks to a continuing rebound in demand for business aviation connectivity.

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