🟢 Applied Digital is trading 9% up today as data-center operators recover from AI-led selloff

Applied Digital is trading 8.96% higher now at $15.44 as technology shares rebound after Thursday’s sharp AI-led selloff.

• Reuters reports Applied Digital and other data-center operators recovered from the prior session’s deep losses as chip stocks gained ground.
• Bitcoin is down 4.10% and Ethereum is down 5.53% over 24 hours; crypto weakness does not explain the stock’s gain.
• No new company-specific announcement explaining the November 6 move was identified; available evidence points mainly to sector recovery.