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Benzinga
Benzinga
Business
Henry Khederian

Applied Digital (APLD) Pulls Back After Surging On $3 Billion AI Campus News

Applied Digital APLD Applied Digital Corp Benzinga Edge
Applied Digital Corporation

Shares of Applied Digital Corp (NASDAQ:APLD) are trading lower Tuesday morning, giving back a portion of Monday’s strong gains. Here’s what investors need to know.

What To Know: The stock surged Monday after the company announced it will break ground in September 2025 on its new Polaris Forge 2 facility, a $3 billion, 280-megawatt AI data center campus located in Harwood, North Dakota.

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