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NASDAQ:CHRN 11 May 2026 - 4 June 2026

Applied Digital Just Spun Out ChronoScale: What CHRN Means for APLD Stock Now

Applied Digital Just Spun Out ChronoScale: What CHRN Means for APLD Stock Now

ChronoScale, Applied Digital’s cloud unit, has started trading on Nasdaq under the ticker CHRN. Dallas-based Applied Digital holds about 97% of the new public company after spinning off the business into EKSO Bionics and putting in $15.75 million in cash. Chairman and CEO Wes Cummins described the move as a “deliberate step” to separate long-duration data-center hosting from the cloud compute segment, which he said carries a different risk profile.
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