Gogo shares are trading lower after the company reported mixed second-quarter results and cut its FY23 and long-term growth targets.
Portfolio Pulse from Benzinga Newsdesk
Gogo Inc. reported mixed Q2 results and reduced its FY23 and long-term growth targets, leading to a decrease in its share price.
August 07, 2023 | 11:35 am
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NEGATIVE IMPACT
Gogo's stock price is trading lower due to mixed Q2 results and a reduction in its FY23 and long-term growth targets.
Gogo's mixed Q2 results and lowered growth targets for FY23 and the long term have negatively impacted investor sentiment, leading to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100