Applied Digital Secures $100M, Shares Surge 15%

Applied Digitals shares surged by nearly fifteen percent following a $100 million financing deal with Macquarie Group for new data center projects, benefiting from a broader cloud infrastructure stock rally. The companys stock closed at $27.74, up over fifteen percent from the previous close, reflecting significant market enthusiasm.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.