Bleecker Street Research Posts On X "While not infringing on $GOGO business, we still think what is good for Starlink Aviation is bad for GOGO."
Portfolio Pulse from Benzinga Newsdesk
Bleecker Street Research suggests that developments in Starlink Aviation could negatively impact Gogo Inc. ($GOGO), despite not directly infringing on its business.
September 13, 2024 | 2:44 pm
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Bleecker Street Research indicates that while Starlink Aviation does not directly compete with Gogo Inc., its advancements could still negatively affect Gogo's business.
The statement from Bleecker Street Research implies that Starlink Aviation's progress could pose a threat to Gogo's market position or future prospects, potentially leading to a negative sentiment around Gogo's stock.
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