Applied Digital stock skyrockets 13% on $5.00 billion investment
Applied Digital has a median price target of $11 per share, which is 26% higher than the current price. While not yet profitable, the company is heading in that direction and this Macquarie funding will allow it to improve its balance sheet, as well as invest.
The company's stock closed nearly 10% higher on Tuesday after Australia's Macquarie announced it would invest up to $5 ...
The $5.0 Billion Investment Can Support Over 2 GW of HPC Data Center DevelopmentFunds managed by Macquarie Asset Management (“MAM”) to invest up ...
Despite a significant net loss, Applied Digital Corp (APLD) reports a 51% revenue increase and announces a transformative partnership with Macquarie Asset Management.
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