Is IREN Limited (IREN) the Crypto Stock with the Biggest Upside Potential? [Yahoo! Finance]
Iris Energy Limited (IREN)
Company Research
Source: Yahoo! Finance
are going to take a look at where IREN Limited (NASDAQ:IREN) stands against other crypto stocks with the biggest upside potential. Bitcoin Continues Its All-Time Highs On December 16, Bitcoin reached another all-time high, soaring above $107,000 as investors anticipate an interest rate cut by the Federal Reserve later in the week. The two-day policy meeting will conclude on December 18, and investors are anticipating the Fed to lower interest rates. According to the CME FedWatch Tool forecast, there is a 96% chance of a 25-basis-point cut. This is expected to materialize as a positive trend for Bitcoin. Since Bitcoin often trades like a tech stock, it has the ground to seek benefit from lower interest rates. In addition, lower interest rates imply a growing money supply and a weakening dollar. Both of these happenings have exhibited long-term correlations with Bitcoin. According to CNBC, Bitcoin has rallied 52% since the US presidential election and 149% for 2024. Trump's upcomi
Show less
Read more
Impact Snapshot
Event Time:
IREN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IREN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IREN alerts
High impacting Iris Energy Limited news events
Weekly update
A roundup of the hottest topics
IREN
News
- Is IREN Ltd. (IREN) the Biggest Loser of This Week? [Yahoo! Finance]Yahoo! Finance
- IREN Achieves 31 EH/s Year-End TargetGlobeNewswire
- Iris Energy Limited (NASDAQ: IREN) is now covered by analysts at BTIG Research. They set a "buy" rating and a $33.00 price target on the stock.MarketBeat
- Iris Energy Limited (NASDAQ: IREN) had its price target raised by analysts at B. Riley from $15.00 to $16.00. They now have a "buy" rating on the stock.MarketBeat
- Iris Energy Limited (NASDAQ: IREN) had its "neutral" rating re-affirmed by analysts at JPMorgan Chase & Co.. They now have a $15.00 price target on the stock, up previously from $9.50.MarketBeat
IREN
Sec Filings
- 12/23/24 - Form 6-K
- 12/6/24 - Form 6-K
- 12/6/24 - Form 6-K
- IREN's page on the SEC website