IREN Limited stock price jumps 11% on Friday — what to watch after the MLK Day market break
IREN shares jumped 11.4% to $57.82 Friday and rose another 0.8% after hours, following a $9.7 billion AI cloud deal with Microsoft and an analyst upgrade. Trading volume hit 54 million shares. U.S. markets close Monday for Martin Luther King Jr. Day and reopen Tuesday. IREN operates renewable-powered data centers for bitcoin mining and AI services in Canada and Texas.