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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
-0.070%
There is nearly no change for the Iren SpA stock today. Compared to yesterday it only changed by -€0.002.
Currently there is a rather positive sentiment for Iren SpA with 3 Buy predictions and 0 Sell predictions.
With a target price of 4 € there is a positive potential of 45.35% for Iren SpA compared to the current price of 2.75 €.
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