IREN Limited Announces New $1 Billion Sales Agreement to Fuel Expansion
TipRanks (Tue, 21-Jan 9:38 AM ET)
IREN announces $1B at-the-market facility
Seeking Alpha News (Tue, 21-Jan 8:50 AM ET)
Globe Newswire (Tue, 21-Jan 8:18 AM ET)
Bitcoin Miners Consolidate Power: 12 Firms Now Control 30% Of Network Hash Rate
Benzinga (Fri, 17-Jan 7:35 AM ET)
IREN December 2024 Monthly Update
Globe Newswire (Tue, 7-Jan 6:19 AM ET)
IREN Achieves 31 EH/s Year-End Target
Globe Newswire (Mon, 23-Dec 6:24 AM ET)
IREN closes $440 million convertible notes offering
Globe Newswire (Fri, 6-Dec 4:21 PM ET)
Globe Newswire (Fri, 6-Dec 4:00 PM ET)
PRNewswire (Fri, 6-Dec 2:00 PM ET)
IREN Ltd is engaged in data center business powering the future of Bitcoin, AI and beyond utilizing renewable energy.
Iren Limited - trades on the NASDAQ stock market under the symbol IREN.
As of January 22, 2025, IREN stock price climbed to $10.99 with 6,349,573 million shares trading.
IREN has a beta of 3.68, meaning it tends to be more sensitive to market movements. IREN has a correlation of 0.17 to the broad based SPY ETF.
IREN has a market cap of $2.36 billion. This is considered a Mid Cap stock.
In the last 3 years, IREN traded as high as $17.97 and as low as $1.02.
The top ETF exchange traded funds that IREN belongs to (by Net Assets): WGMI, KOMP, DAPP, BITQ, BKCH.
IREN has outperformed the market in the last year with a return of +154.4%, while the SPY ETF gained +27.4%. In the last 3 month period, IREN beat the market returning +14.2%, while SPY returned +4.4%. However, in the most recent 2 weeks IREN has underperformed the stock market by returning -3.4%, while SPY returned +3.2%.
IREN support price is $10.14 and resistance is $11.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IREN shares will trade within this expected range on the day.