Why Iren Stock Crashed in December
Artificial intelligence (AI) infrastructure names were all the rage in 2025. Iren Limited (NASDAQ: IREN) was one big beneficiary. It seemed to be in the right place at the right time. Its cryptocurrency mining infrastructure was already in place and able to help fund the expansion of building additional server-filled data centers for AI compute use.
Some investors locked in profits in December, though, with shares dropping 21% for the month, according to data provided by S&P Global Market Intelligence.
Image source: Getty Images.
Source Fool.com
Iren SpA Stock
€2.72
1.270%
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 47.06% for Iren SpA compared to the current price of 2.72 €.
