Why Gogo Flew 14% Higher on Tuesday

Nearly everyone who's visited a U.S. airport has come across the services of Gogo (NASDAQ: GOGO). The company's specialty is in-flight, high speed internet services. On Tuesday, the stock gained some nice altitude after it published a new set of metrics.

Gogo said that late last week, its services were available on over 3,000 daily flights. That's a dramatic increase from the valley of its mid-April figure, which was 378. It's also not far away from the company's average of 3,500 in the days before the SARS-CoV-2 coronavirus spread around the world.

Image source: Getty Images.

Source Fool.com