Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTWajeeh KhanMon, June 29, 2026 at 10:58 PM GMT+2 2 min readIridium Communications (IRDM) stock ripped higher on June 29 after Rocket Lab (RKLB) said it will acquire the satellite operator for $54 per share. The announcement helped IRDM break above its major moving averages (MAs), with an RSI in the mid-60s indicating intense buying pressure. More News from BarchartMemory Demand Sent Seagate Soaring — But This Stock Looks Even BetterNvidia Is Still a Bargain. Analysts See 57% Upside in NVDA Stock.This Lesser-Known Dividend Stock Is Beating the S&P 500 in 2026 and Yields More Than 3%