IREN Limited Stock (NASDAQ: IREN) Today: Price Action, Microsoft AI Deal, Analyst Forecasts, and What to Watch Into the Close
IREN Limited shares traded around $41.16 midday Friday in New York, swinging between $39.53 and $42.80 on heavy volume in thin post-holiday markets. The moves follow news of IREN’s $9.7 billion, five-year AI cloud contract with Microsoft and a $5.8 billion GPU equipment deal with Dell. Rollout will occur in phases through 2026 at IREN’s Childress, Texas campus. Broader indexes remained calm.