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.
Rachel H Lee sold 24,212 shares of APLD on 21 May at $7.00 per share, worth a total of $169K. They now own 83,613 APLD shares, or a 22% holding decrease.
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