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News 2026-09-28 17:14 UTC

Why Applied Digital (APLD) Stock Is Trading Lower Today

What Happened? Shares of digital infrastructure provider Applied Digital NASDAQ:APLD fell 5.2% in the afternoon session after Rothschild & Co Redburn initiated coverage of the company with a Neutral rating and a $22 price target, adding to caution ahead of earnings.According to TipRanks, Redburn an…