Iren’s 10% Rally Leaves Me Unimpressed

Raising a stock’s valuation by more than 100% is like telling someone they’re “a 10/10” after they accidentally text you a photo of their cat wearing a party hat. It’s either a compliment or a punchline, and honestly? I’m still waiting for the punchline. Cantor Fitzgerald’s Brett Knoblauch-yes, that’s a name that screams “financial rigor”-decided Iren’s fair value was suddenly $100. From $49. Overnight. Because nothing says “trust me” like doubling down on a number that previously sounded like a guess made while juggling flaming torches.








