APLD — Applied Digital Corporation - Common Stock
Session close: $15.97. Regular-session share volume: 21,460,020. Change from previous close: -5.78%.
Key developments
Applied Digital fell as a broad AI-infrastructure selloff weighed on the sector, driven by Nvidia's leadership transition and softer-than-expected guidance from AI cloud peer Nebius, which guided fiscal-year revenue to the low end of its range. A separate report that Microsoft is reviewing its neocloud contracts and plans to work with fewer such providers added pressure to AI cloud names.
Company news Why Is Applied Digital Stock Falling on Friday? · Market context — Mentions APLD in the article text. AMD Sinks 10.5% as Chip Rally Unwinds, Nasdaq 100 Falls 1.7%: Stock Market Today
News sources
Company news Why Is Applied Digital Stock Falling on Friday? · Company news XYZ Reality Releases Case-Study Documentary Featuring Applied Digital's Polaris Forge 1 Build