Iridium Communications Inc's (NASDAQ:IRDM) sharp subscriber growth over the past four years has caught the popular money manager Cathie Wood's attention and despite the satellite communications provider's recent annual loss, the stock has fetched handsome returns over the years. Iridium's subscribers grew to nearly 1.48 million in 2020, a CAGR growth of about 12% since 2016.
This Satellite-Communications Stock In Cathie Wood Portfolio Has Given Better 5-Year Returns Than Apple, Netflix, Amazon