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 week.