Iridium Gains in Pre-Market Trade With Satellite Deal on Radar
Iridium Communications Inc. shares were up Wednesday morning, with the stock quoted at $51.89 in premarket trading at 7:02 a.m. Eastern. That’s after closing at $50.16 Tuesday, up 2.7%. The satellite operator stayed close to a new 52-week high as the stock extended its rally from May. Nasdaq's regular hours hadn't started. Premarket goes from 4 a.m. to 9:30 a.m. Eastern, then the main session runs 9:30 a.m. to 4 p.m. Quotes before the open may change when liquidity picks up.