Iron Mountain April volatility up on tight price movement into investor meeting Iron Mountain April call option implied volatility is at 56, May is at 53, July is at 48; compared to its 26-week average of 52 according to Track Data, suggesting large near term price movement into a company sponsored investor meeting on March 27.
News For IRM From The Last 14 Days
Check below for free stories on IRM the last two weeks.
Iron Mountain downgraded at RW Baird As previously reported, Baird downgraded Iron Mountain to Neutral from Outperform. The firm expects the REIT conversion will require significant capital commitments due to the high dividend, which will leave little capital for larger growth investments. Additionally, the analyst believe equity dilution risk is not fully appreciated. Price target lowered to $39 from $40.