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Benzinga
Benzinga
Business
Henry Khederian

IREN Stock Is Surging Monday: What's Going On?

IREN Limited

Shares of IREN Ltd (NASDAQ:IREN) are trading higher Monday morning, continuing a rise that has seen the stock climb over 500% year-to-date. Investor enthusiasm is largely tied to the company’s aggressive pivot to becoming a key AI utility, leveraging its renewable energy-powered data centers.

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