TeraWulf (WULF) Stock Today, November 26, 2025: Preferred Share Conversion Rally, Hedge-Fund Buying and New York ESG Scrutiny
TeraWulf Inc. shares rose about 1% to $14.08 by late morning Wednesday, extending Tuesday’s 10.4% surge after the company announced a mandatory conversion of its Series A preferred stock into common shares. Trading volume topped 11.8 million, with the stock fluctuating between $13.80 and $14.53. The conversion takes effect December 9. TeraWulf stock has more than doubled in 2025.