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Why Iron Mountain Stock Rallied 10% in May

Shares of Iron Mountain (NYSE: IRM) jumped 10.1% in May, according to data provided by S&P Global Market Intelligence. A big catalyst was the real estate investment trust’s (REIT) strong first-quarter results. Capitalizing on the growing demand for data storage Iron Mountain got off to a “strong start to 2025,” commented CEO William Meaney in…