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Stock impact report

Applied Digital Soars 14.6% on AI Surge [Yahoo! Finance]

Ekso Bionics Holdings, Inc. (EKSO) 
NASDAQ:AMEX Investor Relations: ir.eksobionics.com
Company Research Source: Yahoo! Finance
Applied Digital rallied for a second day on Friday, surging 14.64 percent to close at $28.11 apiece as investors poured funds back into artificial intelligence players despite the lack of fresh catalysts to spark buying appetite. In recent news, Applied Digital Corporation (NASDAQ:APLD) successfully spun off its cloud computing and data center businesses as part of its efforts to create separate platforms that would focus on its core strengths. A rendering of Applied Digital's Polaris Forge 2 data center in North Dakota. Photo from Applied Digital's website The initiative was implemented through a merger with EKSO Bionics Holdings Inc., an exoskeleton technology firm for medical and industrial uses, which will eventually be renamed ChronoScale and focus solely on an accelerated compute platform for AI workloads. Applied Digital Corp. (NASDAQ:APLD) would own 97 percent of the combined firm, while EKSO Bionics would explore potential buyers for the sale of all or a substantial chunk o Show less Read more
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