With a market cap of $27.8 billion, Iron Mountain Incorporated (IRM) is a global leader in information management, storage, and data center services. Founded in 1951 and headquartered in New Hampshire, the company serves businesses worldwide across various industries, including healthcare, legal, financial, and government.
IRM shares have dropped 12.9% over this period, trailing the broader S&P 500 Index ($SPX) has gained 19%. Moreover, shares of IRM are down 19% on a YTD basis, compared to SPX’s 10% return.
