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Applied Digital Corp (NASDAQ: APLD) Achieves Key Milestone and CFO Sells Shares
Applied Digital Applied Digital (US:APLD) Financial Modeling Prep·2025-10-29 10:07

Applied Digital Corp (NASDAQ:APLD) has reached the Ready for Service milestone at its Polaris Forge 1 AI Factory Campus, indicating significant progress in AI infrastructure.The CFO of Applied Digital sold 37,503 shares at 36.47pershare,yetthecompanysstockhasnearlyquadrupledinvalueovertheyeardespitearecentdecline.AppliedDigitalsgrowthissupportedbya36.47 per share, yet the company's stock has nearly quadrupled in value over the year despite a recent decline.Applied Digital's growth is supported by a 5 billion infrastructure lease agreement, enhancing its position in the AI infrastructure market.Applied Digital Corp (NASDAQ: APLD) ...