🔴 Iridium Communications Inc is trading 6.6% down today following back-to-back ARK Invest share sales

Iridium Communications Inc is trading 6.6% down at $46.59 following back-to-back share disposals by high-profile investor ARK Invest.

• ARK Invest sold approximately $8.4 million of stock on June 10, 2026, marking the second consecutive day of significant position reductions.
• The ongoing sell-off by the prominent investment firm appears to be weighing on market sentiment despite only modest moves in major indices.