Data Center Stocks Slip in Overnight Trading, IREN Down 1%, ORCX Falls 1%
Data center stocks traded with modest declines during overnight hours on Tuesday (September 15). IREN(IREN.US) fell 1.09% to $42.70 in overnight trading, touching a low of $42.65; ORCX(ORCX.US) declined 1.35% to $20.44; HUT(HUT.US) slipped 0.82% to $90.38, with an overnight low of $89.92.
Other major names in the sector also showed weakness. CRWV(CRWV.US) dropped 0.72% to $82.38; NBIS(NBIS.US) edged down 0.32% to $211.52; heavyweight Oracle(ORCL.US) fell 0.75% to $143.70 with relatively active overnight volume. Overall trading remained light during the overnight session as the sector lacked clear catalysts, with most names moving in narrow ranges while investors await further fundamental guidance.