News Buzz: Iron Mountain Incorporated (NYSE:IRM)

 Iron Mountain Incorporated (NYSE:IRM) stock identified change of 4.06% away from 52-week low price and recently located move of -16.13% off 52-week high price. It has market worth of $9116.75M and dividend yield of 7.80%. IRM stock has been recorded -2.16% away from 50 day moving average and -7.23% away from 200 day moving average. Moving closer, we can see that shares have been trading -0.68% off 20-day moving average.

On June 27, 2019, Iron Mountain Incorporated (NYSE:IRM) the storage and information management company, has appointed Robin Matlock to its board of directors, effective July 1, 2019. Adding Ms. Matlock to the board increases Iron Mountain’s board to thirteen directors. Ms. Matlock will be a member of both the Compensation and Finance Committees.

Ms. Matlock, 53, is Senior Vice President and Chief Marketing Officer of VMware, or VMware, a position she has held since 2013. She is a seasoned technology executive with over 25 years of marketing, sales and business development experience in the enterprise software and services market, with responsibility for driving exceptional growth through highly effective go-to-market strategy, planning and execution. Prior to her current role, Ms. Matlock served as Vice President, Corporate Marketing of VMware. Before VMware, Ms. Matlock served as Executive Vice President and General Manager of Imperva Inc., a cyber-security software and services company. Prior to that, she held executive positions in a number of technology organizations, including McAfee, Entercept Security Technologies and Symantec. She earned her Bachelor of Arts in Economics and Music from Rice University in Houston, Texas.

Iron Mountain Board Chairman, Alfred J. Verrecchia said, Our Board is delighted to welcome a director of Robin’s caliber. Given her depth of experience in the technology industry, Robin’s expertise will be a valuable complement to our Board, especially as we continue to expand our portfolio of digital solutions and services to better enable our customers’ digital transformation.

President and CEO, William L. Meaney added, As Iron Mountain more and more provides data center capacity as well as value-added digital solution to our customers,Robin’s broad marketing and technology experience will add tremendous value. We appreciate her willingness to serve as a director and we look forward to her active participation and counsel. The Technology sector company, Iron Mountain Incorporated noticed change of 1.36% to $31.3 along volume of 4104909 shares in recent session compared to an average volume of 2656.56K. The stock observed return of -2.37% in 5 days trading activity. The stock was at 1.66% over one month performance. IRM’s shares are at -11.73% for the quarter and driving a -9.01% return over the course of the past year and is now at -3.42% since this point in 2018. 

 The average volatility for the week at 2.25% and for month was at 1.98%. There are 291.27M shares outstanding and 281.24M shares are floated in market. Right now the stock beta is 0.67. 

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