Iridium Communications Shares Fall After Downgrade From BWS Financial

MT Newswires Live09-10

Iridium Communications (IRDM) shares were down more than 11% in recent Tuesday trading after BWS Financial downgraded the company's stock to sell from neutral, with a price target of $16.

Trading volume stood at 6.6 million shares compared with a daily average of roughly 1.7 million.

Price: 18.97, Change: -2.42, Percent Change: -11.30

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