IREN Limited: Massive ATM Filing Hammers The Bull Case (Rating Downgrade)

2026-03-13 09:00:49 ET

Turning From "Buy" To "Hold" On The IREN Stock

Since my previous article on IREN Limited ( IREN ), which was a bullish upgrade from my end, the stock hasn't gone anywhere - just like the S&P 500 and NASDAQ (and most other major indices). It might look like IREN is setting up for a nice move up in the next weeks - at least technically. Plus, the recent rally in Nebius Group's ( NBIS ) stock may seem like a bullish confirmation for all neocloud investors that IREN will ultimately follow its peer....

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