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Why Gogo Stock Skyrocketed Today

·2 min read
Why Gogo Stock Skyrocketed Today
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Shares of Gogo (NASDAQ: GOGO) soared 37.6% on Tuesday after the provider of broadband connectivity services for the aviation market boosted its long-term financial forecast. The air travel industry is recovering from its coronavirus-related plunge -- and Gogo is poised to benefit. Gogo, in turn, is enjoying record equipment sales.