11/18

Applied Digital Jumps 5.67% on Nvidia Investment and TV Endorsement

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 million shares of Applied Digital, representing a 3.6% stake in the company as of September 30th. This investment by a major tech player has likely bolstered investor confidence in Applied Digital's prospects.