About Applied Digital Corporation - Common Stock (APLD)
Applied Digital Corp is a technology company that specializes in providing innovative solutions in the fields of cloud computing and digital infrastructure. The company focuses on delivering high-performance, scalable, and secure solutions for businesses, enabling them to leverage advanced technologies for their operations. With a commitment to fostering the growth of digital transformation, Applied Digital Corp offers a range of services, including data center management and support, which cater to the needs of various industries. Their mission is to empower organizations with the tools and resources necessary to thrive in a rapidly evolving digital landscape. Read More
Applied Digital made the pivot in 2022 to explore HPC hosting in addition to hosting crypto miners and has been pursuing hyperscalers for their Ai data centers.
Shares of digital infrastructure provider Applied Digital (NASDAQ:APLD) fell 30.8% in the afternoon session after the company reported weak first-quarter 2025 (fiscal Q3) results, which significantly missed Wall Street's sales expectations.
Applied Digital Corp (NASDAQ:APLD) shares are tumbling on Tuesday after the company reported weak revenue for the third quarter. Multiple analysts cut price targets in the wake of earnings.
As the regular session of the US market on Monday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.
