NasdaqGS:IRDMTelecom
Is It Time To Revisit Iridium Communications (IRDM) After Its Multi‑Year Share Price Slump
If you are wondering whether Iridium Communications' current share price lines up with its underlying value, you are not alone. That is exactly what this article will unpack.
The stock closed at US$19.04 most recently, with returns of a 1.6% decline over 7 days, 14.8% over 30 days, 7.2% year to date, a 30.6% decline over 1 year, a 66.4% decline over 3 years and a 58.9% decline over 5 years. These figures may prompt questions about how the market is currently pricing the business.
Recent...