# Here’s what’s driving Iren’s stock higher after a brutal selloff

- Source: MarketWatch Top Stories
- Published: 2026-11-05T22:21:00+00:00
- Category: Markets
- Original: https://www.marketwatch.com/story/heres-whats-driving-irens-stock-higher-after-a-brutal-selloff-0ced09b0?mod=mw_rss_topstories
- Canonical: https://groundlevelnews.com/story/here-s-what-s-driving-iren-s-stock-higher-after-a-brutal-selloff-e95587/

Iren announced a new cloud-computing deal and noted that much of its backlog is tied to “investment-grade counterparties.”

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