Gogo Inc.
Company Name | Gogo Inc. |
Stock Symbol | GOGO |
Class Period | February 27, 2017 to May 04, 2018 |
Lead Plaintiff Motion Deadline | August 27, 2018 |
On May 4, 2018, Gogo announced its first quarter 2018 financial results, stating that it was “withdrawing its previously provided 2018 guidance for Adjusted EBITDA, airborne Cash CAPEX, and airborne equipment inventory purchases related to airline-directed installations, as well as Free Cash Flow guidance.” On this news, shares of Gogo fell $1.73 or 18% to close at $7.86 per share on May 7, 2018.
Then, on May 7, 2018, Moody’s reduced Gogo’s credit ratings. On this news, shares of Gogo fell $2.80 or over 35% to close at $5.06 per share on May 8, 2018, thereby injuring investors.
Submit Your Information
If you suffered a loss on your Gogo Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.