Why AI Stock Applied Digital Stock Surged More Than 10% Higher Today

Applied Digital (APLD 10.25%) was a double-digit winner on Thursday, as its stock price popped by over 10%.That was due in no small part to the initiation of coverage of the cutting-edge data center builder's stock by an analyst, who, it turns out, is extremely bullish on its prospects. Applied's share price trajectory was all the more impressive, considering that the S&P 500 index basically closed flat across the trading session.An enthusiastic buy recommendation from a punditThe initiating party was Citiz ...