Reported 1 day ago
Applied Digital Corporation (NASDAQ:APLD) experienced a notable increase of 9.35% in stock value, closing at $11.93, as investors showed strong interest prior to its fourth-quarter earnings announcement scheduled for July 30. The company's optimism comes after securing new 15-year leases with CoreWeave, Inc. for delivering critical IT load at its North Dakota data center. Analysts currently express a positive outlook on APLD due to its strong historical earnings.
Source: YAHOO