Applied Digital's Stock Surges on Up to $5B Investment by Macquarie
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Applied Digital's stock surged after announcing a potential $5 billion investment from Macquarie Asset Management for its high-performance computing data centers.
January 14, 2025 | 8:30 pm
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Applied Digital's stock surged due to a significant investment announcement from Macquarie Asset Management, which plans to invest up to $5 billion in the company's HPC data centers.
The announcement of a substantial investment from Macquarie Asset Management is a strong positive signal for Applied Digital, indicating confidence in its business model and growth potential. This news is likely to drive the stock price up in the short term.
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IMPORTANCE 90
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