Why Applied Digital Stock Skyrocketed Today
Applied Digital (NASDAQ: APLD) stock scored another day of big gains Thursday. The data center company's share price rose 9% in the session and had been up as much as 10.7% earlier in the day. Meanwhile, the S 500 (SNPINDEX: ^GSPC) rose 0.6% in the session, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) jumped 0.9%.
Applied Digital stock saw strong bullish momentum today thanks to a major price-target increase from an analyst. The tech specialist share price is now up approximately 337% year to date.
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Source Fool.com
