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Here’s what’s driving Iren’s stock higher after a brutal selloff

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Here’s what’s driving Iren’s stock higher after a brutal selloff
Photo / Coverage: MarketWatch Top StoriesCredit: Claudia Assis
EXECUTIVE SUMMARY

Iren announced a new cloud-computing deal and noted that much of its backlog is tied to “investment-grade counterparties.”

Key Takeaways

  • Here’s what’s driving Iren’s stock higher after a brutal selloff.

Iren announced a new cloud-computing deal and noted that much of its backlog is tied to “investment-grade counterparties.”

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