Applied Digital shares rise premarket after Q1 sales surge
Applied Digital Corp. (APLD) shares were up nearly 5% in early premarket trading after the AI data center operator reported fiscal first-quarter results, with revenue surging more than fourfold year over year and topping Wall Street expectations.
Applied Digital Corp. (APLD) shares rose nearly 5% in early premarket trading on Thursday after the AI data center operator reported fiscal first-quarter results that topped Wall Street expectations, with revenue increasing more than fourfold year over year. Revenue for the quarter ended…