Iron Mountain Inc. stock outperforms market despite losses on the day

Iron Mountain Inc. stock outperforms market despite losses on the day

Shares of Iron Mountain Inc. IRM, -0.62% slipped 0.11% to $54.58 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.57% falling 3.56% to 4,146.87 and Dow Jones Industrial Average DJIA, -0.30% falling 3.12% to 32,997.97. The stock’s fall snapped a two-day winning streak. Iron Mountain Inc. closed $4.03 below its 52-week high ($58.61), which the company achieved on April 21st.

Despite its losses, the stock outperformed some of its competitors Thursday, as Fiserv Inc. FISV, -3.86% fell 2.92% to $99.55, Automatic Data Processing Inc. ADP, -0.74% fell 4.51% to $218.56, and Equifax Inc. EFX, -1.50% fell 2.06% to $208.23.true Trading volume (2.9 M) eclipsed its 50-day average volume of 1.9 M.

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