Iron Mountain Stock Declines 10.5% in 3 Months: Buy, Hold or Sell?
Iron Mountain(IRM) ZACKS·2024-12-20 01:20
After experiencing a solid run in earlier months and hitting a 52-week high in late October, Iron Mountain Incorporated (IRM) shares have experienced a downturn, declining 10.5% in the past three months and closing at $103.21 on Wednesday on the NYSE. Over the same period, the stock has underperformed not only the Zacks REIT and Equity Trust - Other industry but also the S&P 500 composite.The latest indications from the Federal Reserve of lesser rate cuts in the upcoming year have significantly impacted the ...