Why Iren Limited Stock Soared Today

Iren Limited (NASDAQ: IREN) stock has been quietly making shareholders richer this year. Today's jump came after a big deal was announced in the artificial intelligence (AI) cloud infrastructure space.

Today, Iren shares spiked higher by 15.8% as of 3:08 p.m. ET. But Iren stock has been stealthily moving higher all year. Shares of the vertically integrated data center company have more than tripled year to date.

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Source Fool.com