Defiance Daily Target 2X Long IREN ETF is trading higher at $29.17 (up 3.6%) in after-hours sessions, driven by continued positive reaction to Iris Energy’s AI cloud and data-center expansion initiatives.
- The move follows the Nostrum acquisition and a surge in institutional interest, which has supported a rebound in the underlying stock despite a weaker broader technology tape.
- This ETF provides 2x daily exposure to Iris Energy (IREN), meaning after-hours price action directly reflects shifting sentiment and momentum in IREN’s equity.