Applied Digital (APLD) Rebounds 8.6% on $100-Million Fundraising

Group 1 - Applied Digital Corp. (NASDAQ:APLD) experienced an 8.64% rebound, closing at $23.90, following the successful raising of $100 million through a loan facility [1][3] - The loan facility was established with Macquarie Group's Commodities and Global Markets business, aimed at funding the pre-lease development of new data center projects [2][3] - The company is in advanced negotiations with another investment-grade hyperscaler for potential leases of multiple campuses, enhancing its ability to act quickly on high-quality sites [3][4] Group 2 - The financing is intended to support Applied Digital's strategy of developing purpose-built campuses for hyperscale customers, in response to the increasing demand for AI-optimized data center infrastructure [4] - The company is set to release its second quarter earnings results for the fiscal year 2026 on January 7, 2026, with an investor call scheduled to discuss the results [4]