Is Applied Digital’s Stock Set to Surge With NVIDIA’s Backing?
$6.58 +2.03 (+44.62%) (As of 09/9/2024 ET) 52-Week Range $2.36 ▼ $8.65 Price Target $8.20 Applied Digital NASDAQ: APLD saw its stock soar nearly 20% last week after announcing a significant $160 million strategic financing deal through a private placement, priced at market value. This investment came from institutional and accredited investors, including tech giant NVIDIA NASDAQ: NVDA…