Cipher Digital Falls 5% as $850M Zero-Coupon Note Pricing Extends Slide; Applied Digital Declines 6%, IREN Drops 4%
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The post Cipher Digital Falls 5% as $850M Zero-Coupon Note Pricing Extends Slide; Applied Digital Declines 6%, IREN Drops 4% appeared first on 24/7 Wall St..
Cipher Digital (NASDAQ:CIFR) shares are trading at $10.72, down 5%, after the artificial intelligence (AI) data center developer priced a large zero-interest convertible note sale. This decline extends a steep slide after Cipher Digital stock fell 13% in the prior session, measured close to close.
Meanwhile, IREN Limited (NASDAQ:IREN) stock
Cipher Digital (NASDAQ:CIFR) shares are trading at $10.72, down 5%, after the artificial intelligence (AI) data center developer priced a large zero-interest convertible note sale. This decline extends a steep slide after Cipher Digital stock fell 13% in the prior session, measured close to close.
Meanwhile, IREN Limited (NASDAQ:IREN) stock
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