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Why Iren Stock Crashed This Week


Iren Limited (NASDAQ: IREN) shares may be getting a bit of a boost along with other tech sector names today, but the stock of the artificial intelligence (AI) infrastructure company has tanked this week.

Shares of the Bitcoin miner turned AI cloud infrastructure owner have plunged nearly 20% this week as of midday Friday, according to data provided by S&P Global Market Intelligence.

Image source: Getty Images.

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Source Fool.com

Iren SpA Stock

€2.75
-0.220%
Iren SpA shows a slight decrease today, losing -€0.006 (-0.220%) compared to yesterday.
Our community is currently high on Iren SpA with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 4 € shows a positive potential of 45.67% compared to the current price of 2.75 € for Iren SpA.
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