Applied Digital shares rise after 322% surge in quarterly revenue
Applied Digital (APLD) shares jumped about 4% in early trading after quarterly revenue rose 322% year over year to $341.9 million and the company outlined plans for a larger AI data-center footprint.
Applied Digital Corp. (APLD) shares rose about 4% in early trading Thursday after the company reported a sharp increase in quarterly revenue and outlined plans for a larger AI data-center footprint. 9 million. The figure was…