IREN

In Q4 FY26, IREN's stock price experienced a substantial drop due to a reported GAAP net loss of $684.0 million, primarily driven by a $450.4 million non-cash impairment on decommissioned mining hardware and a $102.1 million decline in the fair value of hardware held for sale, leading to a collapse from a 52-week high of $76.87 to a 52-week low of $27.05. In July 2026, IREN shares traded lower by approximately 12% following criticism from short-seller Jim Chanos regarding the board's approval of an $800 million grant of over 18 million restricted stock units to Co-CEOs William Roberts and Daniel Roberts. Despite these downturns, the stock has shown some recovery, bouncing off mid-August lows, and as of September 8, 2026, was up 26.04% over the past week and 14.89% over the past month. In 2025, IREN also executed significant capital market activities, including a $1.6 billion share offering and a $2 billion private placement.