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Iron Mountain Stock Rises 30% in Three Months: Will the Trend Last?
IRMIron Mountain(IRM) ZACKS·2024-09-30 15:46

Shares of Iron Mountain Incorporated (IRM) have rallied 30.1% in the past three months, well ahead of the industry's growth of 18.6%. This Boston, MA-based real estate investment trust (REIT) continues to benefit from its stable and resilient core storage and records management businesses, enabling it to ride the growth curve. It is likely to continue gaining from the healthy revenue management and volume trends in the quarters ahead. The company's accretive buyouts and data center business expansion effort ...