Iron Mountain falls after Gotham City Research, GIP short on stock

Iron Mountain

19/11/2025 19:27

** Shares of data center REIT Iron Mountain  IRM.N fall 4.7% to $85.13

** Hedge fund short-selling partnership of Gotham City Research and General Industrial Partners (GIP) says it has taken a short position in IRM

** IRM did not immediately respond to Reuters request for comments

     ** The hedge fund short-selling partnership says Iron Mountain's heavy spending on data centers exceeds what its long-term budget can support

** Reuters could not independently verify the claims made

** Up to last close, stock had fallen ~15% this year

(Reporting by Arnav Mishra in Bengaluru)

((Arnav.Mishra@thomsonreuters.com;))