StocksMediumUpdated•Originally published 6 October 2026•Updated 6 October 2026•
1 min read
Applied Digital Shares Rise 3% on 1 GW Finland Power Agreement
Key Facts
1Applied Digital stock rose 3% to $25.43 following the announcement of a power agreement in Finland.
2The deal provides the company access to 1 GW of power, marking its first data center development outside the United States.
Applied Digital stock rose 3% to $25.43 following the announcement of a power agreement in Finland. 24/7 Wall St. reported that the deal provides the company access to 1 GW of power, marking its first data center development outside the United States.
APLD closed at $24.7 on October 5, 2026, while peers Core Scientific (CORZ) and TeraWulf (WULF) closed at $16.6 and $14.79 respectively on the same date. The expansion into Finland provides the company with significant power capacity ahead of its financial disclosures.
Applied Digital is scheduled to report its earnings results on October 7, 2026, as traders monitor the impact of recent international expansions on the company's financial performance.