NEW YORK – Shares of Applied Digital Corporation (NASDAQ: APLD) experienced a dramatic surge in morning trading today, catapulting the APLD stock price to 3.13, or an astounding +45.75% as of 11:14:16 AM EDT, shortly after the market opened.
This remarkable rally in APLD shares is accompanied by exceptionally high trading volume. Over 127.79 million shares have changed hands, dwarfing the average volume of approximately 31.58 million shares, indicating intense investor interest and activity surrounding the tech stock. The stock opened at $8.27, already gapping up from its previous close of $6.83, and has traded in a day’s range of $8.03 to $10.09.
Applied Digital’s market cap currently sits at an intraday figure of **1.46, and a P/E ratio is not applicable due to negative earnings, the market’s focus appears to be on future potential or recent developments not immediately detailed in the price data. The stock exhibits a high Beta (5Y Monthly) of 5.87, indicating higher volatility compared to the broader market, a characteristic often seen in growth-oriented technology companies.
Investors are also noting that the current price is rapidly approaching the 1-year target estimate of $10.50. Applied Digital Corporation does not currently offer a forward dividend. The next earnings date for the company is scheduled for July 24, 2025, an event that will be keenly watched for updates on the company’s strategy and performance, particularly in the dynamic digital infrastructure and AI cloud services space where Applied Digital operates.
The significant price movement and extraordinary volume make APLD a stock to watch in the Nasdaq market today, as traders and investors digest the factors contributing to this substantial rally.
Applied Digital Corporation (APLD) Stock: Frequently Asked Questions (FAQ)
Q1: What is the current stock price of Applied Digital Corporation (APLD)?
A: As of 11:14:16 AM EDT, the Applied Digital Corporation (APLD) stock price is $9.95.
Q2: What is the stock ticker symbol for Applied Digital Corporation?
A: The stock ticker symbol for Applied Digital Corporation on the Nasdaq is APLD.
Q3: How much is APLD stock up today?
A: APLD stock is up $3.13, which is a +45.75% increase as of the latest update.
Q4: What was the opening price for APLD today?
A: APLD opened at $8.27, compared to a previous close of $6.83.
Q5: What is the day’s trading range for APLD stock?
A: The day’s trading range for APLD has been $8.03 – $10.09.
Q6: What is the 52-week trading range for APLD stock?
A: The 52-week range for Applied Digital (APLD) stock is $3.01 – $12.48.
Q7: What is the trading volume for APLD today compared to its average?
A: Today’s volume for APLD is 127,796,940 shares, significantly higher than its average volume of 31,579,655 shares.
Q8: What is the market capitalization of Applied Digital Corporation?
A: Applied Digital Corporation’s intraday market cap is $2.257 billion.
Q9: Does Applied Digital (APLD) pay a dividend?
A: No, according to the provided data, Applied Digital (APLD) does not currently have a forward dividend or yield.
Q10: What is the Earnings Per Share (EPS) for APLD?
A: The trailing twelve months (TTM) EPS for APLD is -$1.46.
Q11: What is the 1-year target estimate for APLD stock?
A: The 1-year target estimate for APLD stock is $10.50.
Q12: When is Applied Digital Corporation’s next earnings date?
A: Applied Digital Corporation’s next earnings date is scheduled for July 24, 2025.
