Applied Digital stock jumped 18% Friday — what could move APLD next week
Applied Digital shares jumped 18% to close at $37.68 Friday, trading nearly 86 million shares. The surge followed updates on leases, financing, and AI data center construction, with total leased capacity now at 600 megawatts. The company reported $126.6 million in quarterly revenue but posted a $31.2 million net loss. Investors await news on new contracts and construction milestones next week.