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Cantor sees opportunity around space stocks; starts bullish on Iridium, Planet Labs

Satellite and planet

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Shares of Iridium Communications (NASDAQ:IRDM) were up nearly 6%, as Cantor started coverage on the satellite communications firm with an Overweight, saying that there is significant improvement in “buy-side sentiment” around Space equities.

The brokerage, which also initiated rating on Planet

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