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IREN Limited (IREN)

28.84 +1.40 (+5.10%)
At close: October 28 at 4:00:01 PM EDT
27.51 -1.33 (-4.61%)
Pre-Market: 6:37:25 AM EDT
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IREN’s latest development is a $363 million asset-backed financingsecured by deployed graphics processing units (GPUs) and customer contracts. The funding supports AI-cloud expansion without immediate equity issuance, while Microsoft’s lower-than-expected capital spending has pressured the broader neocloud sector. IREN is up 5.10% in the current regular sessionas of October 29, 2026.

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