Shares of Gogo Inc. (Nasdaq: GOGO) plummeted $5.26 to close at $13.12 after AT&T Inc. (NYSE: T) announced plans to launch 4G LTE Internet access on continental U. S. flights in 2015. AT&T stock slipped 34 cents to close at $35.42.
Gogo Plummets With Competition From AT&T
April 29, 2014 at 17:44 PM EDT