Iron Mountain Shares Rise 1.99% Despite 38.75% Volume Drop to 424th Market Activity Rank

On August 7, 2025, Iron Mountain (IRM) closed with a 1.99% gain, while its trading volume fell to $0.28 billion—a 38.75% drop from the previous day—ranking it 424th in market activity. The stock’s performance followed a series of corporate updates, including financial results and operational developments.

IRM reported second-quarter adjusted funds from operations (AFFO) of $1.24 per share, surpassing expectations and marking a 14.8% year-over-year increase. The company raised its 2025 earnings guidance and announced a quarterly dividend despite a reported Q2 net loss. Strong performances across its storage, service, and data center segments offset higher interest expenses, while a Treasury Department digitization project highlighted expansion in government contracts.

The stock’s recent volatility was partly attributed to its removal from several indices and mixed investor sentiment. However, a Zacks Rank upgrade to “Buy” signaled improved market optimism. Additionally, IRM’s balance sheet showed resilience, with a recent conference call emphasizing strategic initiatives and long-term growth potential.

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