Why Applied Digital Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket

Applied Digital Corp (NASDAQ: APLD) shares increased by 3.9% to $24.73 in pre-market trading following the release of its first-quarter financial results. The company reported adjusted revenue of $300.39 million, significantly surpassing analyst estimates of $132.16 million, and an adjusted loss of one cent per share, better than the expected loss of 30 cents per share.