In today’s post:
📉 They Lost $684m. I'm Buying
📉 They Lost $684m. I'm Buying
Here's a fun trick question: what do you call a company that beats revenue estimates, doubles its fastest-growing segment, and then gets sold off anyway?
You call it IREN $IREN ( ▼ 12.53% )
Shares dropped 6% in after-hours on Thursday after the Q4 report. The market saw a giant net loss and hit sell.
But the loss is the least interesting number in the whole report. So let's work out what the market is actually missing, and whether that gap is worth your money.
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