Gogo is trading at $2.30, up 5.02%, after announcing TransMedics' selection of Galileo HDX for 22 aircraft.
- Gogo announced the selection on October 27; the aircraft are Embraer Phenom 300E models.
- Installation is underway, with the fleet expected to be equipped by 2027.
- Broader indexes were mixed, with no strong same-direction market move to explain Gogo’s gain.