Gogo Inc (NASDAQ:GOGO)’s shares climbed 8.06% to $23.44. The company on Feb. 13 announced that its business aviation group, Aircell, has now surpassed 2,000 Gogo Biz system installations in the business aviation market. This milestone was reached only four and one half years after the service’s introduction in June 2009, making it the most rapidly-adopted broadband service in business aviation history. Gogo Inc (NASDAQ:GOGO) stock opened at $22.21 in last session, and closed at $24.35, while the day range of G0G0 stock is $22.02-$24.43.The stock showed a positive weekly performance of 18.95%.
SouFun Holdings Ltd (NYSE:SFUN) has rocketed 12.8% higher to $94.71 — just a chip shot from its record peak of $95.39 — on no particular news. The shares have more than tripled over the past year, and options traders today are clamoring for SFUN contracts, especially on the call side. So far, roughly 8,500 calls have changed hands — about five times the norm, and more than five times the number of SFUN puts exchanged. Speculators are gambling on all-time highs for the stock in the near term, buying to open the March 95 call, where nearly 1,600 contracts have traded. At last check, SFUN’s 30-day at-the-money (ATM) implied volatility (IV) is up 6.4% at 59.6%. SouFun Holdings Ltd (NYSE:SFUN) stock opened at $85.10, in last session and closed at $93.77, by gained 11.64%.The 52 week range was $20.58-$96.23.Company’s market capitalization is $7.67 billion.
Lions Gate Entertainment Corp. (USA) (NYSE:LGF) is also in the black on no obvious news, tacking on 6.3% at $31.70. The shares are on pace to end atop their 10-day and 20-day moving averages for the first time since Feb. 18, and short-term options are flying off the shelves, as evidenced by the stock’s 30-day ATM IV of 38.7% — a 5.7% spike from yesterday’s close. Calls are the options of choice, with close to 10,000 contracts exchanged — five times the average intraday pace. Digging deeper, bulls have honed in on the now in-the-money March 30 call, where more than 3,900 contracts have crossed the tape, primarily at the ask price. Plus, IV is trending higher, and volume has outstripped open interest at the front-month strike, hinting at freshly purchased positions.Lions Gate Entertainment Corp. (USA) (NYSE:LGF) stock gained 7.08% and finished the last session at $31.92. The EPS of the stock remained 1.78. Company’s market capitalization is $4.41 billion.
Golar LNG (NASDAQ:GLNG) was upgraded by analysts at Thomson Reuters/Verus from a sell rating to a hold rating. Golar LNG Limited (USA) (NASDAQ:GLNG) stock opened the session at $37.22, and closed the session at $40.58.The 52 week range of the GLNG stock remained $30.51-$40.77 and the day range was $37.13-$40.74.
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