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Why Gogo Stock Fell Monday

TheMotleyFool

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Shares of Gogo (NASDAQ: GOGO), a connectivity and wireless-entertainment services company for the aviation industry, fell sharply on Monday. By the time the market closed, the stock was down 10.7%.

The stock's decline comes amid a broader market sell-off as investors are spooked by the spread of the coronavirus outside China, including in Italy and South Korea. The Nasdaq Composite finished the day down 3.5%.

Image source: Getty Images.

Source Fool.com

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