Iridium Communications (IRDM) Rises As Market Takes a Dip: Key Facts

In the latest market close, Iridium Communications (IRDM) reached $25.42, with a +0.87% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.04%. Elsewhere, the Dow saw a downswing of 0.03%, while the tech-heavy Nasdaq appreciated by 0.03%.Coming into today, shares of the satellite phone company had lost 11.55% in the past month. In that same time, the Computer and Technology sector gained 4.26%, while the S&P 500 gained 2.57%.The upcoming earnings re ...