NasdaqGS:APLDIT
Nvidia Exit Prompts Fresh Look At Applied Digital Volatility And Upside Potential
Nvidia fully exited its position in Applied Digital (NasdaqGS:APLD), according to recent regulatory filings.
The sale occurred shortly before a decline in Applied Digital's share price.
The move removes a high profile AI and semiconductor name from Applied Digital's shareholder base.
Applied Digital's shares trade at $33.56, following a 10.4% decline over the past week and a 10.3% decline over the past month. Even after that pullback, the stock is still up 19.4% year to date and shows a...