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2026-11-06

Data-Center Developer Stocks Slump After the Election, CoreWeave and Iren Turn Negative Intraday

Data-Center Developer Stocks Slump After the Election, CoreWeave and Iren Turn Negative Intraday

Key points

Data-center stocks normalized to the 11/02 close, 11/03-04 | CoreWeave, Nebius and Iren fell from intraday gains of +6% to +11% to about 0% to -2%

Image source: @GlobalMktObserv