Applied Digital Corporation (APLD)
| Previous Close | 4.55 |
| Open | 4.72 |
| Bid | 6.18 x 2800 |
| Ask | 6.23 x 100 |
| Day's Range | 4.60 - 6.35 |
| 52 Week Range | 2.36 - 8.65 |
| Volume | |
| Avg. Volume | 8,640,385 |
| Market Cap | 980.052M |
| Beta (5Y Monthly) | 4.38 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.31 |
| Earnings Date | Oct 07, 2024 - Oct 11, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 9.00 |
- Yahoo Finance Video
Nvidia among investors in Applied Digital's funding round
Chip manufacturing giant Nvidia (NVDA) has joined as an investor in Applied Digital's (APLD) latest funding round, which has raised $160 million. The data center operator aims to build a business centered on leasing out computing capabilities tailored for AI applications. Morning Brief co-hosts Brad Smith and Madison Mills breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
GlobeNewswireApplied Digital Announces $160 Million Strategic Financing, Fueling Transformative Accelerated Compute and AI Infrastructure
Investment Endorses Applied Digital’s Track Record of Innovation, Accelerating the Creation and Application of its Data Center and GPU Cloud DeploymentsDALLAS, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, today announced that it has entered into definitive agreements for a $160 million privat
- GlobeNewswire
Applied Digital Issues $53.2 Million Convertible Preferred Stock to Advance HPC Data Center Project and Accelerate Growth
DALLAS, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, today announced it has entered into a private financing arrangement with a single investor (the “Investor”), pursuant to which the Company has issued $53.2 million in convertible preferred stock for net proceeds of $50 million. “We are ple
