Applied Digital Corporation Holds Annual Meeting on Key Proposals
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Applied Digital Corporation (APLD) held its Annual Meeting on November 5, 2025, where key proposals were voted on, including the election of directors and the ratification of CBIZ CPAs P.C. as the independent auditor for the fiscal year ending May 31, 2026. The company also approved an increase in authorized shares to 600 million. Analysts rate APLD stock as a Buy with a $40 price target, but Spark's AI Analyst gives it a Neutral score due to poor financial performance and ongoing losses, despite strong technical momentum.
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