Iron Mountain has increased odds of REIT conversion success, says Macquarie Macquarie believes that Iron Mountain's decision to limit the percentage of common stock owned by certain holders - along with its decision to manage the company in a manner consistent with that of a REIT starting on January 1- increase the chances that its REIT conversion will be successful. The firm sees a 75% chance that the REIT conversion will be successful and keeps an Outperform rating on the stock.
News For IRM From The Last 14 Days
Check below for free stories on IRM the last two weeks.
Stocks with call strike movement; IRM MU Iron Mountain (IRM) July 32.50 call option implied volatility decreased 3% to 43, Micron (MU) July 28 call option implied volatility decreased 3% to 37 according to IVolatility.