Is Applied Digital's Stock Set to Surge With NVIDIA's Backing?
Nvidia(NVDA) MarketBeat·2024-09-09 22:32
Applied Digital TodayAPLDApplied Digital2.36▼8.20Add to WatchlistApplied Digital NASDAQ: APLD saw its stock soar nearly 20% last week after announcing a significant $160 million strategic financing deal through a private placement, priced at market value. This investment came from institutional and accredited investors, including tech giant NVIDIA NASDAQ: NVDA and Related Companies, one of the largest privately-owned real estate firms specializing in com ...