Why IREN stock is jumping today: bitcoin miners rally, new 2x short ETF, Feb. 5 earnings
IREN shares jumped about 11% to $58.08 by midday Friday, outpacing other bitcoin miners as bitcoin rose 1.6%. Tradr launched a -2x daily short ETF tied to IREN, now trading on Cboe. IREN will release quarterly results Feb. 5 and hold a conference call at 5 p.m. Eastern.