Applied Digital stock jumps 25% to cap wild week — what APLD traders watch next
Applied Digital shares surged 25.5% Friday to $34.95 on heavy volume, rebounding after a sharp drop and volatile session. The stock, among the market’s most heavily shorted, moved with broader gains in tech and chipmakers as U.S. equities rallied. No new company news was released. Bitcoin also recovered, trading above $70,000.