IREN's trading volume plummets 48.69% to 7.18 billion, ranking 148th in the market despite a 2.42% stock price rise

On July 22, 2025, IREN's trading volume reached 7.18 billion, a significant decrease of 48.69% compared to the previous day, ranking 148th in the day's stock market. IREN's stock price rose by 2.42%, marking the second consecutive day of gains, with a total increase of 3.62% over the past two days.

On July 15, BTIG analyst Gregory Lewis maintained a Buy rating on Iris Energy, setting a price target of $22. This rating reflects the analyst's confidence in the company's future performance and potential for growth.