What's Going On With IREN Shares Friday? - IREN (NASDAQ:IREN)

Benzinga · Dylan Berman ·

IREN Limited shares are trading higher Friday after the company reported better-than-expected first-quarter revenue late Thursday.

IREN Limited (NASDAQ:IREN) shares are trading higher Friday after the company reported better-than-expected first-quarter fiscal 2027 revenue Thursday after the market closed.

The move may also reflect a recovery after losses Thursday, when shares of crypto-linked companies traded lower amid a drop in Bitcoin as investors weighed the post-midterm election results. Crypto-skeptic Sherrod Brown will return to the Senate, defeating crypto PACs that spent over $60 million to counter his campaign.

- IREN stock is surging to new heights today. Why are IREN shares rallying?

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