Applied Digital (APLD) experienced a significant surge in social media activity, with volume quadrupling, which has drawn increased attention to the stock. This heightened interest comes amid a backdrop of substantial short interest in the company, with 49.10 million shares shorted, representing 30.78% of the float. The short interest ratio stands at 3.1 days to cover, indicating a considerable level of bea
Applied Digital Corporation (APLD) saw its stock decline by 1.99% to close at $8.37 on January 15, 2025, following the release of its fiscal second-quarter earnings report. Despite surpassing analyst expectations on revenue and earnings per share, the company reported widened losses due to debt conversion, which has raised investor concerns. The stock opened at $8.44 and fluctuated between a high of $8.69 a
Applied Digital Corporation (APLD) is experiencing a decline in its stock price today following the release of its fiscal second-quarter earnings report after market hours yesterday. Despite beating analyst estimates on both revenue and earnings per share, the company reported widened losses due to debt conversion, which has raised concerns among investors. The adjusted net loss for the quarter ended Novemb
Applied Digital has entered into a transformative partnership with Macquarie Asset Management, which will see an investment of up to $5 billion in the company's high-performance computing (HPC) data centers. This significant capital infusion is set to support the development of over 2 gigawatts of HPC data center capacity, including the Ellendale HPC Campus. The initial investment of $900 million will be di
Applied Digital Corporation (APLD) is experiencing a notable rise in its stock price today, driven by a broader market shift favoring small-cap technology stocks. The Russell 2000 index, which tracks smaller companies, has outperformed the S&P 500 since the recent election, indicating renewed investor interest in small-cap stocks. This trend benefits companies like Applied Digital, which have been overlooke
Applied Digital Corporation (APLD) is experiencing a notable rise in its stock price today, driven by a broader market shift favoring small-cap technology stocks. The Russell 2000 index, which tracks smaller companies, has outperformed the S&P 500 since the recent election, indicating renewed investor interest in small-cap stocks. This rotation comes as investors seek opportunities in innovative technology
Applied Digital Corporation (APLD) has been a topic of interest on Reddit forums, with users discussing its potential for generating income through options trading. One user mentioned, "Lately I have gone heavy on APLD," highlighting the stock's appeal for its good premiums. This suggests that APLD is being considered by retail investors as a viable candidate for strategies like covered calls, which can pro
Applied Digital Corporation (APLD) saw its stock decline by 4.75% on December 2, 2024, closing at $9.62 after opening at $10.19. The stock experienced a volatile trading session, reaching a high of $10.54 before dropping to a low of $9.61. The decline in share price was primarily driven by investor concerns surrounding the company's recent $150 million senior secured debt financing deal with Macquarie Equip
Applied Digital Corporation's stock is experiencing a decline today, potentially influenced by the company's recent announcement of a $150 million senior secured debt financing deal with Macquarie Equipment Capital, Inc. While the refinancing aims to lower capital costs and enhance flexibility for the Ellendale HPC data center project, it also raises concerns about the elimination of parent guarantees and c
Applied Digital Corporation's stock is experiencing an uptick today following the announcement of a significant refinancing deal. The company has secured $150 million in senior secured debt financing from Macquarie Equipment Capital, which is expected to lower the overall cost of capital for its Ellendale High Performance Computing (HPC) data center project. This new financing arrangement eliminates the par
Applied Digital Corporation (APLD) shares are experiencing an uptick today, driven by positive sentiment surrounding the company's recent strategic financial maneuvers. The issuance of $450 million in 2.75% Convertible Senior Notes, aimed at funding share buybacks and other corporate purposes, has been a focal point for investors. This move is seen as a strategic effort to enhance shareholder value and opti
Applied Digital Corporation (APLD) saw its stock price decline by 8.8% on November 26, 2024, closing at $9.74, down from the previous close of $10.68. The stock opened at $10.56 and reached a low of $9.55 during the trading session, with a volume of 15,878,919 shares, which is 93.39% of its average daily volume. The decline in APLD's stock price is largely attributed to the broader market trend affecting cr
Applied Digital Corporation (APLD) shares are down today, trading at $10.38, a 2.86% decrease from the previous close of $10.68. The decline in APLD's stock price appears to be part of a broader trend affecting crypto-related stocks, which are experiencing downward pressure due to a drop in Bitcoin prices. This market movement is impacting companies with exposure to digital currencies and related technologi
Applied Digital Corporation (APLD) saw a significant price increase on November 25, 2024, closing at $10.68, up 8.43% from the previous close of $9.85. The stock opened at $10.37 and reached a high of $10.94, with trading volume surging to 28,003,519 shares, well above the average of 16,600,928. The rally was primarily driven by reports that Nvidia has acquired a stake in the company, sparking heightened in
Applied Digital Corporation (APLD) shares are up 8.53% pre market to $10.69 as of 8:01 am on November 25, 2024, from a previous close of $9.85 on November 22. The stock's rise comes amid reports that Nvidia has acquired a stake in the company. This development has sparked significant interest among retail investors, as evidenced by APLD's inclusion in the top 10 most newly-watched symbols on Stocktwits last
Applied Digital Corporation (APLD) saw a significant surge in its stock price on November 19, 2024, closing at $9.16, up 18.19% from the previous close of $7.75. The stock opened at $7.90 and reached a high of $9.26, with an impressive trading volume of 30,148,612 shares, nearly double its average. The primary catalyst for this upward movement was the confirmation of Nvidia's investment in Applied Digital,
Applied Digital Corporation (APLD) shares have surged 17.35% to $9.10 as of 12:57 pm on Tuesday, following significant developments involving Nvidia. Earlier today, it was reported that Nvidia has invested in Applied Digital, which has sparked investor interest and driven the stock price higher. This investment is part of a broader $160 million financing round that was disclosed in September, but the recent
Applied Digital Corporation (APLD) shares are up 12.52% to $8.72 as of 10:20 am on Tuesday, rising from the previous close of $7.75. The surge in stock price comes amid heightened investor interest following the company's recent financial maneuvers, including a significant $375 million offering of 2.75% Convertible Senior Notes due 2030. This offering, announced on October 31st, includes a 32.5% conversion
Applied Digital Corporation (APLD) shares are up 5.67% to $7.64 as of 10:01 am on Monday, following a notable mention on a popular financial television program. On November 18th, Steven Grasso of Grasso Global Inc. highlighted Applied Digital as his final trade pick on a widely-watched segment, which often influences retail investor sentiment. Additionally, recent filings revealed that Nvidia purchased 7.72
Applied Digital Corporation (APLD) shares rose 5.54% in after-hours trading to $7.24, following a close at $6.86 on November 14, 2024. The after-hours surge is attributed to news that NVIDIA has acquired a stake in the company. This strategic investment by NVIDIA, a major player in the technology sector, has likely boosted investor confidence in Applied Digital's growth prospects and potential synergies bet