IREN stock price jumps after-hours as analysts flag “new deals” after bruising earnings drop
IREN shares jumped 10.4% to $46.15 in after-hours trading Monday, outpacing other crypto miners as bitcoin slipped 1%. The move followed last week’s quarterly update, which showed a net loss of $155.4 million and revenue down to $184.7 million, but highlighted $3.6 billion in GPU financing for its Microsoft AI cloud contract.