NasdaqGS:IRDMTelecom
Assessing Iridium Communications (IRDM) Valuation After Recent Share Price Momentum And Satelles Acquisition Narrative
Iridium Communications (IRDM) has drawn fresh attention after recent share price moves, with the stock up around 6% over the past month and about 41% in the past 3 months.
See our latest analysis for Iridium Communications.
That recent 40.9% 3 month share price return has come after a weaker patch, with the 1 year total shareholder return at a 24.3% loss. Momentum has picked up recently even though longer term holders are still under water.
If Iridium’s rebound has you thinking about where...