RTTNews | Oct 6, 2021 10:32AM EDT

10:31 Wednesday, October 6, 2021 (RTTNews.com) - Shares of Gogo Inc. (GOGO) are slipping about 10% on Wednesday morning after Morgan Stanley dropped its rating on Gogo to Underweight from Equal-weight.

GOGO is currently trading at $15.46, down $1.69 or 9.85%, on the Nasdaq. The stock has traded between $8.02 and $19.23 in the 52 week period.

Meanwhile, Gogo Business Aviation also on Tuesday unveiled SmartShield, a new premium membership program that allows its customers with an AVANCE or a classic ATG system take advantage of exclusive protections and benefits for their Gogo inflight connectivity system.

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