Share price drop after Nov 2, 2022 disclosure
Company: IREN
The claim, verbatim
Plaintiff alleges Iris shares fell $0.51 (15.04%) to close at $2.88 on Nov 2, 2022, nearly 90% below the $28 IPO price.
Source (primary)
MALOUF v. <mark>IRIS ENERGY LIMITED</mark> — Entry #1: COMPLAINT against MICHAEL ALFRED, DAVID BARTHOLOMEW, CHRISTOPHER GUZOWSKI, IRIS ENERGY LIMITED, BELINDA NUCIFORA, DANIEL ROBERTS, WILLIAM ROBERTS ( Filing and… (RECAP, court_filing)
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Quote: “Iris's ordinary share price fell $0.51 per share, or 15.04%, to close at $2.88 per share on November 2, 2022”
How we checked this
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Additional evidence
confirms MALOUF v. <mark>IRIS ENERGY LIMITED</mark> — Entry #1: COMPLAINT against MICHAEL ALFRED, DAVID BARTHOLOMEW, CHRISTOPHER GUZOWSKI, IRIS ENERGY LIMITED, BELINDA NUCIFORA, DANIEL ROBERTS, WILLIAM ROBERTS ( Filing and…
Quote: “Iris's ordinary share price fell $0.51 per share, or 15.04%, to close at $2.88 per share on November 2, 2022”