Why Applied Digital Stock Soared Again Today

Applied Digital (APLD 8.57%) stock posted another day of big gains in Friday's trading. The company's share price closed out the daily session up 8.5%. The S&P 500 ended the day up 1%, and the Nasdaq Composite closed the session up 1.2%.Applied Digital stock continued to rocket higher today after the latest jobs report for the Bureau of Labor Statistics (BLS) got a bullish read from investors. The company's share price has now more than doubled over the last week of trading. May's jobs data served up a bul ...