IREN — IREN Limited - Ordinary Shares
Session close: $21.41. Regular-session share volume: 73,550,204. Change from previous close: -1.06%.
Key developments
IREN fell after a sharp prior-session gain, with reports tying the pullback to Microsoft reassessing its reliance on third-party neocloud providers. Reporting said operational delays at IREN's Childress, Texas site prompted Microsoft to delay planned capital spending, though IREN said it delivered capacity and a customer-requested network modification moved the launch date. IREN is developing the facility under a multi-year contract.
Company news Why Is IREN Stock Falling on Monday? · Company mentioned — Mentions IREN in the article text. CoreWeave Stock Hits Turbulence Monday: What's Going On?
News sources
Company news JP Morgan Maintains Overweight on IREN, Lowers Price Target to $55 · Company news Why Is IREN (IREN) Exiting Bitcoin Mining To Focus On AI Infrastructure? · Company news IREN (IREN) Could Be 70% Undervalued On Strong Q1 AI Cloud Revenue · Company news IREN's $4B Revenue Goal Delayed: Is the Stock Losing Its Appeal? · Company news Why Is IREN Stock Falling on Monday?