IREN stock price jumps 11% after-hours as Wall Street upgrade revives AI cloud bet
New York, Jan 16, 2026, 17:18 ET — After-hours IREN Limited shares surged roughly 11.5% to $57.82 in after-hours trading Friday, following an intraday range from $51.94 up to $58.74. Trading volume hit around 53.7 million shares. This move is significant as IREN operates where two heated trades collide — AI data centers and crypto — and investors have swiftly revalued anything linked to limited computing power. With stocks like this, a single broker call can still pack a punch. Investors are wrestling with what IREN’s valuation looks like as it shifts away from pure bitcoin mining and dives into