IREN Stock Falls to Its Lowest Level Since July After a Brief Pop on a Reported Anthropic Deal

A IREN is trading lower Tuesday, hitting their lowest level since July after reversing gains tied to reports of an Anthropic cloud deal.

Stock price falls to its lowest since July, down nearly 20% for the month

Breaks below the 20-, 50-, and 200-day moving averages

Anthropic partnership has yet to be confirmed by the company

Al cloud revenue posts strong year-over-year growth

Analysts maintain Buy ratings and see upside
$IREN