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How to Buy Iris Acquisition Stock

Iris Acquisition Corp

Tribe Capital Growth Corp I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.

Iris Acquisition stock last closed at $10.62, up 0% from the previous day, and has increased 4.53% in one year. It has underperformed other stocks in the Shell Companies industry by 0 percentage points. Iris Acquisition stock is currently +5.46% from its 52-week low of $10.07, and -5.35% from its 52-week high of $11.22.

There are currently 7.19M shares of IRAA outstanding. The market capitalization of IRAA is $76.33M. In the last 24 hours, 100 IRAA shares were traded.

How to Buy Iris Acquisition Stock

Not sure how to invest in Iris Acquisition stock? Here's how.
  1. Decide where to buy Iris Acquisition stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Iris Acquisition stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Select your payment method and add your information.
  4. Analyze Iris Acquisition stock: The Iris Acquisition ticker symbol is IRAA. Is Iris Acquisition stock a good investment? Should you buy shares of IRAA? How do IRAA's underlying business fundamentals look? Do top analysts think Iris Acquisition is a good buy? Why has IRAA's stock price moved recently? (Hint: Our stock analysis website can help you decide if IRAA is a good stock to buy).
  5. Execute your IRAA buy order: Decide if you will purchase IRAA shares at the current market price or use a limit order to purchase IRAA stock at a specific price.
  6. Get the latest news on your investment in IRAA: Create a watchlist to get live updates on your new investment in Iris Acquisition stock.

Step 1: Decide where to buy Iris Acquisition stock

You need an online brokerage account in order to access the NASDAQ market and buy IRAA shares.

A brokerage account enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked your brokerage, the next step is to fill out some personal information so you can buy IRAA today.

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Step 3: Fund your brokerage account

Now that you have created your account on stock apps to use, you need to deposit funds:

Watch the video below for more details depositing funds into your new brokerage account.

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Step 4: Analyze Iris Acquisition stock

Once you have identified the best place to buy Iris Acquisition stock, it's crucial to evaluate their stock prior to buying, so you truly understand the risk and opportunity.

Iris Acquisition stock at a glance

IRAA Price
$10.62
1w %
-0.19%
1y %
4.53%
5y %
N/A
P/E
-70.8x
P/B
-5.18x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$1.23M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$76.33M
Next Earnings
N/A
Next Dividend
N/A

Iris Acquisition Fundamentals

WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis.

You can view all of the due diligence checks on IRAA's stock page.

Is IRAA stock undervalued or overvalued?

You can use many financial metrics, analyses, models, and charts to gauge IRAA's intrinsic value.

You can access additional valuation research on IRAA's stock here.

IRAA Financial Overview

Passed Health Checks:

  • IRAA has $4.45M in cash and short term investments. This is sufficient to cover its annual cash burn of $2.09M.
  • IRAA has cash burn of 2089180. It has enough cash and short-term investments to cover this for at least one year.

Failed Health Checks:

  • There are more short-term liabilities than short-term assets on the IRAA balance sheet.
  • There are more long-term liabilities than short-term assets on the IRAA balance sheet.
  • Total IRAA debt is still negative.
  • IRAA debt to equity ratio of -1.03 is negative.

IRAA Momentum

SMA10
10.63
SMA20
10.63
SMA50
10.54
SMA100
10.43
SMA200
10.43
MACD
0.02
MACD Signal
0.03
MACD Histogram
-0.01
RSI
55.29
Stochastic %K
11.11
Stochastic %D
13.7
StochRSI %K
15.01
StochRSI %D
24.54

Latest Insiders Trades at IRAA

Over the last 12 months, insiders at IRAA have sold more shares than they have bought.

Saba Capital Management LP, 10% Owner of IRAA, was the latest IRAA insider to sell. They sold $8,781,434.55 worth of IRAA shares on Sep 26, 2023.

Dig into more about who owns IRAA stock here.

Can I rely on IRAA as an income stream?

No, Iris Acquisition doesn't provide an income stream by paying out dividends.

What do other traders have to say about IRAA?

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Execute your IRAA buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a given dollar amount, use a limit order.

Hit the Open Trade button and your broker will place your order.

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Step 6: Get the latest news on your investment in IRAA

Now that you own some IRAA stock, you'll want to keep up with your company.

Make a watchlist to see the latest developments about your IRAA stock.

IRAA Feed

No news
There is no news on the companies in your watchlist or you don't have enough companies added to your list.

How to Buy Stock in Iris Acquisition

To reiterate, here are the 6 steps to buy Iris Acquisition stock:

  1. Decide where to buy Iris Acquisition stock
  2. Create your brokerage account
  3. Fund your brokerage account
  4. Analyze Iris Acquisition stock
  5. Execute your IRAA buy order
  6. Get the latest news on your investment in IRAA

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your new investment in Iris Acquisition, click the button below.

NASDAQ: IRAA
$10.62+0.00 (+0%)
Updated Apr 17, 2024
Open eToro Account
NASDAQ: IRAA
$10.62+0.00 (+0%)
Updated Apr 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Iris Acquisition share?

As of Apr 17, 2024, it costs $10.62 to buy one share of Iris Acquisition stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.471 shares of IRAA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Iris Acquisition stock?

One way to place an order for Iris Acquisition stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.