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Gogo: So Much To Like But Not Without Risk
GOGOGogo(GOGO) Seeking Alpha·2024-01-08 06:20
imaginima/E+ via Getty Images Gogo (NASDAQ:GOGO) shares have been hit hard, falling 37% over the past year. The share price decline reflects numerous investor concerns, including: flat revenue in 2023, further delay in plans to deploy 5G connectivity, competition concerns from Starlink, and a patent lawsuit brought against Gogo by SmartSky. While these concerns temper my enthusiasm, I have made a small allocation to Gogo shares as I believe the market is overlooking its many positive characteristics. Th ...