What's Going On With IREN Stock Monday?
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IREN Ltd. (NASDAQ:IREN) shares are under selling pressure following a disappointing earnings report, with quarterly revenue of $144.8 million missing estimates by 35.18%. Despite a recent partnership with NVIDIA Corp. to deploy AI infrastructure, analysts at Bernstein maintain a bullish long-term outlook, setting a $100 price target. IREN shares fell 2.14% to $59.89 in premarket trading on Monday.
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