NasdaqGS:IRENSoftware
Assessing IREN (NasdaqGS:IREN) Valuation After Microsoft AI Cloud Deal And Recent Trading Volatility
Investor attention on IREN (NasdaqGS:IREN) has intensified after its US$9.7b AI cloud contract with Microsoft, as the former Bitcoin miner recasts itself as an AI infrastructure provider and faces scrutiny over funding, GPU build out, and upcoming earnings.
See our latest analysis for IREN.
At a last close of US$53.74, IREN has seen a sharp pullback with a 1 day share price return of 10.19% decline and a 7 day share price return of 5.19% decline. However, its 30 day share price return of...