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Why Iren Stock Plummeted by Nearly 10% on Friday
Iris Energy Iris Energy (US:IREN) Finance.Yahoo·2025-09-26 22:47

Key PointsAn analyst changed his recommendation on the stock.He now feels it's worthy only of a sell.10 stocks we like better than Iren ›Although the performance of stocks never depends entirely on the opinions of analysts, those market professionals can have quite an impact at times. More than once this week, crypto mining company Iren (NASDAQ: IREN) experienced that dynamic.Unfortunately, on Friday, this turned negative for the stock, and it lost almost 10% of its value. This occurred on a day for stocks ...