IREN Stock Before the Bell (Dec. 8, 2025): Capital Raise, Microsoft AI Megadeal and 30% Pullback Explained
IREN Limited closed at $44.71 on Friday, down 3.7%, with a market cap near $12.7 billion and about 22% of its free float sold short. The stock has surged over 300% in 2025 but remains 30–40% below recent highs after a $3.6 billion capital raise. Most analysts rate it a “Moderate Buy,” but Intellectia AI’s model signals “Strong Sell” near term. IREN expects to close its major financing package Monday.