Why Iridium Stock Soared by 22% This Week [Globe and Mail, The (Toronto, Canada)]
Iridium Communications Inc (IRDM)
Last iridium communications inc earnings: 4/28 07:01 am
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Source: Globe and Mail, The
Investors haven't been able to get enough of satellite stocks lately, and Iridium Communications (NASDAQ: IRDM) is benefiting handsomely from this. The major catalyst was a peer agreeing to be acquired by a famous, deep-pocketed company. That meant a fine week for Iridium shareholders. Their stock rose by more than 22% over the period, according to data compiled by S&P Global Market Intelligence Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » A big deal in space Iridium's peer in question is Globalstar , which landed prominently in the financial headlines on Tuesday after it signed a deal to be acquired by the always-ambitious Amazon . The cash-and-stock transaction is valued at more than $11 billion Image source: Getty Images. The deal puts a valuable asset in Amazon's pocket, as the company will add G
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IRDM
News
- 1 Profitable Stock to Own for Decades and 2 We Brush Off [Yahoo! Finance]Yahoo! Finance
- Iridium Communications (IRDM) had its "sell" rating reaffirmed by BWS Financial. They now have a $16.00 price target on the stock.MarketBeat
- Iridium Communications (IRDM) had its price target raised by Barclays PLC from $25.00 to $36.00. They now have an "overweight" rating on the stock.MarketBeat
- Is It Time To Reconsider Iridium Communications (IRDM) After Its Recent Share Price Surge? [Yahoo! Finance]Yahoo! Finance
- Why Iridium Stock Trounced the Market on Thursday [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
IRDM
Earnings
- 2/12/26 - Beat
IRDM
Sec Filings
- 4/6/26 - Form 4
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- IRDM's page on the SEC website