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How Far Can Applied Digital Stock Fall If The Business Keeps Growing?
Trefis4d agobearish
How Far Can Applied Digital Stock Fall If The Business Keeps Growing?

Applied Digital (APLD) trades near $26, about 47% below its high of the past twelve months, after returning -36.3% over three months. Over twelve months, though, it is still up 55.6%. Nothing in the operation broke: it beat the quarter it reported in July 2026, and management says every project is on time and on budget. So how far can a stock like this fall.

Bitcoin’s Friday Plunge Below 60K Turned a 4 Percent Crypto Drop Into an 11 Percent Wipeout for WGMI Holders
24/7 Wall St.104d agobearish
Bitcoin’s Friday Plunge Below 60K Turned a 4 Percent Crypto Drop Into an 11 Percent Wipeout for WGMI Holders

If you owned CoinShares Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) into Friday’s close, you watched it open at $69.36 and finish the day at $61.59, a 11.2% drop in a single session. The proximate cause is easy to name. Bitcoin printed a daily low of $59,073, breaking the $60,786 level that, until Friday, had marked the ... Bitcoin’s Friday Plunge Below 60K Turned a 4 Percent Crypto Drop Into an 11 Percent Wipeout for WGMI Holders