Why Gogo's IPO is Struggling to Take Off (GOGO)
June 25, 2013 at 08:17 AM EDT
On Friday, in-flight Wi-Fi provider Gogo (NASDAQ: GOGO ) IPO-ed at $17 per share, but in just two trading days the stock has shed more than 16 percent of its value, closing at $14.27 Monday. Why are investors selling the stock after only two days on the market? First, we
