NasdaqGS:IRDMTelecom
Why Iridium Communications (IRDM) Is Down 9.0% After Institutional Investors Cut Positions On Growth, Leverage Concerns
In recent months, institutional investors including Riverwater Partners and ARK Invest have reduced or exited positions in Iridium Communications, citing slowing growth, rising leverage, and tougher competitive conditions in some end markets.
These moves highlight how quickly sentiment can shift when a company perceived as a long-term satellite connectivity leader begins to show softer growth expectations and a higher risk profile.
We’ll now examine how institutional selling tied to concerns...