Applied Digital Stock Rises Tuesday After 23% Selloff: What's Going On?

Applied Digital Corp (NASDAQ:APLD) shares are edging higher Tuesday morning, but the bounce comes after a brutal five-day selloff that knocked the stock down 23%. The move suggests some dip-buying may be showing up after a sharp reset, but the broader tone around the name still looks fragile. Here’s what investors need to know.Applied Digital stock is showing strength. Why is APLD stock up today?Bitcoin Weakness Keeps Pressure On Applied Digital SentimentThat matters for Applied Digital because the stock ha ...