IREN Stock Surges as Nvidia Fever Returns — But the AI Cloud Bet Has a Catch
IREN Limited shares jumped in regular Nasdaq trading on Wednesday, rebounding with the broader AI infrastructure trade as investors looked toward Nvidia’s quarterly results after the bell. The stock was up 9.4% at $52.23, after trading between $48.50 and $52.34, on volume of more than 23 million shares.
