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Why Applied Digital Stock Popped Today
The Motley Fool· 2026-01-08 22:35
The data center designer is positioning itself at the epicenter of the artificial intelligence (AI) boom.Shares of Applied Digital (APLD +8.05%) rose on Thursday after the digital infrastructure builder announced impressive quarterly growth metrics. By the close of trading, Applied Digital's stock price was up more than 8% after rising as much as 20% earlier in the day. Fueling the AI revolution Applied Digital's revenue soared 250% year over year to $126.6 million in its fiscal 2026 second quarter, which ...