Iridium Communications shares rose 5.4% in recent Monday trading after Deutsche Bank upgraded the company s stock to buy from hold with a price target of $57.
Trading volume topped 298,000 shares.
Iridium Communications shares fell more than 12% in recent trading after it reported a Q2 net loss Tuesday of $0.24 per diluted share, swinging from per-share earnings of $0.04 a year.