IKN

Take physic, pomp

Iron Mountain (IRM) stock may come under pressure today

Iron Mountain (IRM) is a U$5Bn market cap data storage and protection company and owns the warehouse that caught fire this morning in Buenos Aires, Argentina and which caused the death of five firefighters who were battling the blaze. According to the company spiel, the storage facility was fully protected against such incidents, with “total protection against incendiary events, a hydration systam, sprinklers, strict humidity control and an early warning detection system to prevent fires” in all its establishments.
Something tells me that might not have been the case today.

UPDATE: Now confirmed eight dead. Now nine, this is awful.

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