Why Is IREN Stock Sliding on Monday?
benzinga_article·- IREN stock fell 5.13% to $39.72 on Monday amid pre-earnings anxiety and profit-taking ahead of its fiscal Q4 2026 financial results on Thursday. - Despite ongoing AI transformation and major deals with Microsoft and Figure AI, Bitcoin mining still drives most revenue, with Q2 revenue expected to drop 25% year-over-year to $140 million. - The equity trades above its 20-day SMA of $39.92 but remains in a broader bear market, sitting over 48% below its 52-week high.REG - iShares Digit.Assets - iShares Digital Assets - 24.08.2026
London Stock Exchange·