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MLAC News3 articles
Iron Mountain Stock Slides 4% as AI Data Center Rally Pauses
Iron Mountain shares fell nearly 4% Thursday, ending a six-day rally, as the AI-driven data-center play faces renewed scrutiny despite strong Q1 results and a raised outlook.
Iron Mountain Soars on AI Data Center Demand, Lifts 2026 Revenue Forecast
Iron Mountain raised its 2026 revenue forecast after Q1 revenue surged 21.6% to $1.94B, driven by 47% data center growth and 92% asset lifecycle management growth.
Iron Mountain Nears 52-Week Peak on Data Center Outlook, Inflation Data
Iron Mountain shares climbed 3.6% to $109.83, nearing a yearly high, following an upbeat revenue forecast and robust data center demand. Softer inflation data provided a tailwind for the sector.