Why Iren Stock Leaped 17% Higher on Wednesday
(NASDAQ: IREN) easily surmounted the hump of Hump Day, with its shares closing the day more than 17% higher in price. That was on the back of no less than three positive analyst notes, which greatly improved sentiment on the company. Its rise easily topped the performance of the S 500 index, which ended the day down 0.3%.
Of the three analyst moves on Iren, one was an initiation of coverage while the other two were price target increases.
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Source Fool.com
