Applied Digital Corporation (APLD) Stock Sinks As Market Gains: Here's Why

In the latest market close, Applied Digital Corporation (APLD) reached $4.33, with a -1.37% movement compared to the previous day. This change lagged the S&P 500's 2.11% gain on the day. Meanwhile, the Dow experienced a rise of 1.18%, and the technology-dominated Nasdaq saw an increase of 2.96%.Coming into today, shares of the company had lost 8.16% in the past month. In that same time, the Finance sector gained 3.61%, while the S&P 500 gained 3.08%.The investment community will be paying close attention to ...