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Wajeeh Khan

Applied Digital Just Sent Little-Known Ekso Bionics Stock Soaring. Should You Buy Shares Here?

Applied Digital Barchart

Ekso Bionics (EKSO) shares nearly doubled on Dec. 30 after Applied Digital (APLD) revealed plans of spinning off its cloud segment into a standalone business. 

The announcement sparked investor enthusiasm for Ekso Bionics, as that company would merge with the spunoff cloud segment of Applied Digital to create a new company, ChronoScale. 

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