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Why Iridium Communications Stock Soared Today

TheMotleyFool

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Why Iridium Communications Stock Soared Today: https://g.foolcdn.com/editorial/images/852673/space-stocks-gettyimages-155444603.jpg

Shares of Iridium Communications (NASDAQ: IRDM) climbed on Thursday after the satellite services provider announced a successful test of its NTN Direct network.

By the close of trading, Iridium's stock price was up more than 11%.

Image source: Getty Images.

Source Fool.com