IREN stock slips in early trade as bitcoin miners cool; Feb. 5 results in focus
IREN shares fell 3.6% to $54.63 in early Nasdaq trading Monday, with volume near 14.8 million. Bitcoin dropped 0.7%, pulling down Marathon Digital and Riot Platforms. IREN will report fiscal second-quarter results on February 5. The stock’s swings reflect its exposure to both bitcoin prices and AI infrastructure demand.