Why I disagree with Cathie Wood’s bullish stance on Iridium stock
Tuesday, 29 April 2025 ()
Famed investor Cathie Wood recently parked nearly $10 million in the McLean-based Iridium Communications Inc. (NASDAQ: IRDM). Wood, the founder and chief executive of Ark Invest, loaded up on more than 418,000 shares last week of the company that operates the Iridium satellite constellation. Wood’s update arrives only days after Iridium reported better-than-expected financial results […]
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