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Iridium Communications (IRDM)

NASDAQ

$47.38

$0.32 (

+0.67%

)

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5D
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Market open

IRDM: $47.38 / ₿ 0.0006 BTC / 61323 Sats

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5D
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Key statistics

$47.06
$15.65 - $57.18
$504.68Cr
4.46
$47.07
$1,37,533.65
10.60Cr
54.09
$47.25 - $47.53
1.27
$47.07 - $47.68
Yes

The Iridium Communications (IRDM) stock price has been rising

The Iridium Communications Inc Common Stock (IRDM) stock price today is $47.38, reflecting a +0.67% move since the market opened. The company’s market capitalization stands at $504.68Cr, with a daily trading volume of $1.38L shares. For investors tracking price trends, Iridium Communications Inc Common Stock stock has ranged between $47.07 and $47.68 today. The previous closing price was $47.06.

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IRDM

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What is Iridium Communications (IRDM)?

Iridium Communications Inc is the commercial provider of communications services offering true globalised coverage, connecting people, organizations, and assets to and from anywhere, in real time. The company is a provider of mobile voice and data communications services through a constellation of low-earth-orbiting satellites. Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies world-wide. The Company operates in one business segment, providing satellite communications services and products.

Learn more before buying Iridium Communications stock

IRDM is in the Communication Services sector. Sector is a broad classification that groups companies based on their business activities, industry focus or economic function.

IRDM is in the Telecom Services industry. Industry is a more specific classification within a sector, grouping companies that operate in a similar field and have closely related business models.

Over the past 52 weeks, Iridium Communications Inc Common Stock (IRDM) has traded between a low of $15.65 and a high of $57.18.

IRDM is in the Telecommunication Services industry group. Industry group is a further subdivision within an industry, grouping companies with even more closely related business models and operations. This helps investors analyze stocks at a more detailed level than sector and industry classifications alone.

IRDM’s trailing dividend yield is 1.27. Trailing dividend yield is a financial metric used to measure the return on investment from a company's dividend payments over the past 12 months.

Yes. Kraken offers a secure, highly liquid and intuitive way to buy 11,000+ stocks, ETFs and commodities. With advanced trading tools built for both indvidual investors and professional institutions, Kraken offers an all-in-one way to invest in cryptocurrencies, stocks, ETFs and the most important assets for your financial future.

The first step for new invstors looking to buy stocks is to a secure, reputable and competitive stock trading platform such as Kraken. After opening and funding your account. From there, it can be helpful to first research Iridium Communications and its recent market performance, From there, Kraken makes it easy to buy fractional shares of Iridium Communications so you can start small and build your portfolio over time.

Yes. Kraken’s mobile app allows you to buy, sell, and manage Iridium Communications trades on the go from your smartphone.

Earnings reports, product launches, economic data, sector performance, and broad market conditions all influence the price movement of Iridium Communications stock.

No. Kraken makes it easy to buy fractional shares of Iridium Communications, meaning you do not need to purchase a full share in order to add Iridium Communications to your portfolio.

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If you want to learn more about specific risks related to equity securities, please visit our dedicated equities disclosure page.

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