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Ionik Grants Stock Options to Directors
Newsfile· 2025-09-22 11:00
Ionik Grants Stock Options to DirectorsSeptember 22, 2025 7:00 AM EDT | Source: Ionik CorporationToronto, Ontario--(Newsfile Corp. - September 22, 2025) - Ionik Corporation (TSXV: INIK) (OTCQB: INIKF) (the "Company"), a data and technology-driven marketing and advertising solutions company, announced that it has granted options to acquire an aggregate of 400,000 shares ("Options") to independent directors of the Company, pursuant to its Omnibus Equity Incentive Plan adopted on April 28, 2022, ...
Iron Mountain Stock: Is IRM Underperforming the Real Estate Sector?
Yahoo Finance· 2025-09-17 13:44
Company Overview - Iron Mountain Incorporated (IRM) has a market cap of $29.6 billion and serves over 240,000 customers in 61 countries, specializing in storage and information management solutions [1] - The company offers services including records management, data management, digital transformation, data centers, secure shredding, and IT asset disposition [1][2] Stock Performance - IRM shares have decreased nearly 23% from their 52-week high of $130.24 and have fallen 1.7% over the past three months, underperforming the Real Estate Select Sector SPDR Fund (XLRE) which rose over 1% during the same period [3] - Year-to-date, IRM shares have declined 4.5%, while XLRE gained 3.7%, and over the past 52 weeks, IRM stock has dropped 15.1%, compared to XLRE's 6.3% decline [4] Financial Results - In Q2 2025, Iron Mountain reported record revenue of $1.7 billion and adjusted EBITDA of $628 million, with an AFFO per share of $1.24 [5] - Despite these strong revenue figures, the company posted a net loss of $43 million, contrasting with a net income of $35 million from the previous year, primarily due to foreign exchange losses [5] Market Comparison - Compared to its rival SBA Communications Corporation (SBAC), which has seen a YTD decline of 2.3% and a 52-week drop of 18.7%, IRM has outperformed SBAC over the past year [6] - Analysts maintain a moderately optimistic outlook for IRM, with a consensus rating of "Moderate Buy" and a mean price target of $115, indicating a potential premium of 14.6% from current levels [6]