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Why Gogo Stock Is Falling Today

TheMotleyFool

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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.

Image source: Getty Images.

Source Fool.com

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