On Wednesday, Shares of Gogo Inc (NASDAQ:GOGO), subtract -7.86% and closed at $8.91 in the last trading session. The last trading range of the stock ranges between $8.88 and $9.50. Gogo Inc., through its auxiliaries, provides communications services to the commercial and business aviation markets in the United States and internationally. The company operates three segments: Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-ROW), and Business Aviation (BA). The CA-NA segment provides in-flight connectivity and wireless digital entertainment solutions to commercial airline passengers flying routes that generally begin and end within North America. The CA-ROW segment provides in-flight connectivity and wireless digital entertainment solutions to passengers flying on foreign-based commercial airlines and flights of North American based commercial airlines. The BA segment provides equipment for in-flight connectivity together with voice and data services to the business aviation market. Its services include Gogo Biz, an in-flight broadband service that utilizes its ATG network and ATG spectrum, and satellite-based voice and data services through planned alliances with satellite companies.
Swift Transportation Co (NYSE:SWFT), dropped -2.66% and closed at $23.75 in the last trading session. The last trading range of the stock ranges between $23.23 and $25.04. The company’s Market capitalization is $3.21 Billion with the total Outstanding Shares of 82.63 million. Swift Transportation Company operates as a multi-faceted transportation services company in North America. The company operates through four segments: Truckload, Dedicated, Swift Refrigerated, and Intermodal. The Truckload segment provides services through one-way movements over irregular routes utilizing companys and owner-operator tractors with dry van, flatbed, and specialized trailing equipment in the United States, Mexico, and Canada. The Dedicated segment offers tailored solutions under long-term contracts utilizing refrigerated, dry van, flatbed, and other specialized trailing equipment. The Swift Refrigerated segment mainly offers shipments for customers who require temperature-controlled trailers. This segments shipments include one-way movements over irregular routes, in addition to dedicated truck operations. The Intermodal segment moves freight over the rail in containers and other trailing equipment; and provides drayage services to transport loads between the railheads and customer locations. The company also offers logistics and freight brokerage services, in addition to support services to its customers and owner-operators, counting repair and maintenance shop services, equipment leasing, and insurance. As of December 31, 2015, it operated a fleet of 15,211 company tractors and 4,653 owner-operator tractors; 65,233 trailers; and 9,150 intermodal containers from 40 terminals near key freight centers and traffic lanes.