APLD has been in the news 900% more than usual
Feb 18, 2026, 7:33 PM
-17.91%
What does APLD do
Applied Digital, headquartered in Dallas, Texas, develops and operates data centers for AI cloud services, high-performance computing, and crypto hosting, employing 121 staff since its IPO in 2002. The company is exploring potential power sources in North Dakota and Texas.
APLD has been in the news recently: U.S. stock futures rose Wednesday, with Dow futures gaining over 200 points, while Applied Digital Corporation (NASDAQ:APLD) shares fell after SEC filings showed Nvidia sold its entire stake in the data-center company. The filings also showed Nvidia fully exited its investment in AI-focused drug-discovery company Recursion Pharmaceuticals (NASDAQ:RXRX), and Recursion shares declined.
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