Hold rating weighs on IREN
Jones Trading initiated coverage of IREN with a Hold rating citing customer concerns, adding to a yearlong downward trend, and the stock is selling off sharply while the broader AI compute sector, including peers like CoreWeave, also trades lower.
Sources: https://uk.investing.com/news/stock-market-news/4884878, https://finance.yahoo.com/markets/stocks/arti
Sources
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