Applied Digital Shares Fall After CoreWeave Offloads Stake

MT Newswires Live
13 Jun

Applied Digital (APLD) shares fell 7.2% in recent Friday trading after CoreWeave (CRWV) sold its 5.5% stake in the company.

CoreWeave held nearly 13.1 million common shares of Applied Digital, according to an earlier regulatory filing with the US Securities and Exchange Commission.

Price: 11.61, Change: -0.90, Percent Change: -7.19

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10