DJ Iron Mountain Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Iron Mountain Inc. $(IRM)$ shed 6.25% to $103.21 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's fifth consecutive day of losses.
Iron Mountain Inc. closed $27.03 below its 52-week high ($130.24), which the company achieved on October 25th.
The stock underperformed when compared to some of its competitors Wednesday, as Prologis Inc. $(PLD)$ fell 4.56% to $103.91, International Business Machines Corp. $(IBM)$ fell 3.84% to $220.17, and Digital Realty Trust Inc. (DLR) fell 4.35% to $176.96.
Trading volume (2.9 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:00 ET (22:00 GMT)
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