Applied Digital Corps stock ($APLD) took a bad drop yesterday following Wolfpack Research recent report, which strongly criticized the company (https://www.reuters.com/technology/applied-digital-shares-tumble-after-wolfpack-research-takes-short-position-2023-07-06/). The $APLD stock has in recent time been highlighted by many stock enthusiasts as a promising stock to acquire for the future that has considerable growth potential, given the company's AI business.
What is your take on this? Is the stock extra attractive now given its discount after an almost 15% drop, or does this report signal that something is very wrong with the company and one should stay away?
The representatives of the company seems confident though, and fired back at this report, but I guess a con artist never would admit being a con artist XD. Anyway, their fiscal report is planned for the 24th of July (being pushed from yesterday's date probably because of the report). Perhaps good numbers there could allow the stock to recover?
I'm asking as somebody with little experience of this company and its stock, and looking for someone here with more experience about it.
[link] [comments] https://www.reddit.com/r/stocks/comments/14szj65/applied_digital_corps_recent_stock_drop/
Connectez-vous pour ajouter un commentaire
Autres messages de ce groupe
Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.
Why quarterly? Public comp
When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to
Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec
I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co
Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g
Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate
