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IREN shares fall 4.00% amid funding and interest rate concerns

The Motley Fool +1 ·

IREN
IREN IREN Ltd
$26.62 -4.00%
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  1. 1IREN closed at $26.62, a 4.00% decline in share price.
  2. 2Trading volume reached 69.70 million shares, exceeding the 3-month average of 45.90 million shares by 52%.
  3. 3Applied Digital and Core Scientific rose 0.42% and 0.44% respectively, showing stable demand.

So what's the key point?

IREN shares fell 4.00% on higher than usual trading volume. Concerns regarding funding and interest rates influenced the price.

Source The Motley Fool +1 · View original ↗

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