Iridium rises as William Blair calls possible Samsung deal 'significant positive'

Nov. 25, 2022 12:28 PM ETIridium Communications Inc. (IRDM), SSNLF, AAPL, GSATBy: Chris Ciaccia, SA News Editor9 Comments

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Iridium Communications (NASDAQ:IRDM) shares rose on Friday as investment firm William Blair called a potential deal with Samsung (OTCPK:SSNLF) a "significant positive" for the satellite constellation provider.

Analyst Louie DiPalma, who has an outperform rating on Iridium (

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