Workflow
Data center processing usage
icon
Search documents
Why Applied Digital Stock Skyrocketed This Week
The Motley Fool· 2025-08-03 10:28
Applied Digital's better-than-expected quarterly results and big AI partnership news sent the stock soaring.Despite a pullback on Friday driven by bearish macroeconomic news, Applied Digital (APLD -4.72%) stock managed to close out this week's trading with big gains. The company's share price ended the stretch up 16.5% compared to where it stood at the end of the previous week's market close.Applied Digital's big rally this week stemmed from posting its report for the fourth quarter of its last fiscal year, ...