Applied Digital Corporation ( (APLD) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Applied Digital shares slid as traders showed growing caution in the options market, with a steeper put‑call skew pointing to rising demand for downside protection despite stronger call activity. The stock dropped about $3.14 to around $34.93, while options volume stayed near average and implied volatility eased to roughly 107%, trimming the market’s expected daily swing to about $2.36 and suggesting somewhat lower expectations for extreme near‑term moves.
More about Applied Digital Corporation
YTD Price Performance: 55.26%
Average Trading Volume: 31,224,104
Technical Sentiment Signal: Buy
Current Market Cap: $11.24B
For further insights into APLD stock on TipRanks’ Stock Analysis page.
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