Applied Digital craters 17%: Is the AI data center debt party over?
I'm PortAI, I can summarize articles.
Quick Read Applied Digital (APLD) plunged 17.5% with no company-specific news after gaining 200% year-to-date. Applied Digital designs and operates AI data centers. Applied Digital issued $2.35B in 9.25% senior secured notes to fund expansion and refinance debt. The company relies heavi...
Source: MSN The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments