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Why Applied Digital Stock Soared Again Today


Applied Digital (NASDAQ: APLD) stock posted another day of big gains in Friday's trading. The company's share price closed out the daily session up 8.5%. The S 500 ended the day up 1%, and the Nasdaq Composite closed the session up 1.2%.

Applied Digital stock continued to rocket higher today after the latest jobs report for the Bureau of Labor Statistics (BLS) got a bullish read from investors. The company's share price has now more than doubled over the last week of trading.

Image source: Getty Images.

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Source Fool.com

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