Applied Digital stock hits all-time high at $47.81

Applied Digital Corp stock hits all-time high of $47.81, driven by strong performance and a $7.5 billion data center lease deal.

BySamuel Nguyen- Senior Editor

Today / 17:32|Last updated: Today / 17:35

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Applied Digital stock hits all-time high at $47.81 — Photo: Prepared by Bond.az

Applied Digital Corp stock reached an all-time high of $47.81. The stock currently trades at $47.84, near its 52-week high.

This milestone reflects a 483% return over the past year. Investor confidence remains strong.

In recent news, Applied Digital signed a 15-year lease agreement with a US-based hyperscaler for its Polaris Forge 3 data center campus. The deal is valued at approximately $7.5 billion.

The company also completed the sale of its cloud business to EKSO Bionics Holdings, now renamed ChronoScale Corporation, which began trading on Nasdaq under ticker CHRN.

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Applied Digital stock hits all-time high at $47.81 | Bond.az