TeraWulf Shares Drop 8% Despite Analysts Raising Price Targets on Anthropic Deal
Despite analysts raising price targets for TeraWulf following a $19 billion lease deal with Anthropic, the company's stock fell by 8%. The drop was attributed to unfinalized credit support and broader AI infrastructure market pullback. Related stocks like IREN and Applied Digital also declined.
Tickers: $APLD $CIFR $IREN $WULF
Topics: AI infrastructure Anthropic NASDAQ stock price drop TeraWulf