APPLIED DIGITAL CORP (APLD) saw its stock price surge 5.05% in pre-market trading on Monday. The rally came after the company announced the appointment of Laura Laltrello as its new Chief Operating Officer (COO).
Laltrello brings nearly two decades of executive leadership experience and deep expertise in data center operations and large-scale infrastructure projects. Her hiring is expected to strengthen APLD's ability to execute its strategic vision and drive growth as a leader in next-generation digital infrastructure for high-performance computing and AI applications.
As COO, Laltrello will work closely with APLD's leadership team to oversee day-to-day operations and ensure alignment between operational efforts and long-term objectives. Her track record in strategic execution and profit management is seen as instrumental in accelerating APLD's growth as a pioneer in the AI computing space.