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Why Did IREN Stock Crash 11% Despite the Reported Anthropic Deal?
By Trader Edge at 2026-10-26 06:06
Sentiment: Negative
TLDR IREN stock fell 11% to $26.99 on Friday, October 16, with volume near 68 million. Rate fears and data center financing worries hit AI infrastructure names, including CoreWeave and Nebius. Barron’s reported on October 12 that Anthropic agreed to a multiyear cloud deal with IREN. Neither company has confirmed it. Analysts have a Buy [...] The post Why Did IREN Stock Crash 11% Despite the Reported Anthropic Deal? appeared first on CoinCentral. Continue reading...
Categories: News
Tags: #News #Stocks
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