APLD has been in the news 500% more than usual
Aug 02, 2025, 12:32 PM
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What does APLD do
Applied Digital, headquartered in Dallas, Texas, develops and operates data centers for AI cloud services, high-performance computing, and crypto hosting, employing 121 staff since its IPO in 2002. The company is exploring potential power sources in North Dakota and Texas.
APLD has been in the news recently: On Thursday, U.S. stocks increased, with the Nasdaq Composite gaining around 150 points. Applied Digital's short percent of float rose to 32.08%, indicating a significant number of shares sold short.
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