financetom
Business
financetom
/
Business
/
Applied Digital Shares Fall After CoreWeave Offloads Stake
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Applied Digital Shares Fall After CoreWeave Offloads Stake
Jun 13, 2025 7:53 AM

10:41 AM EDT, 06/13/2025 (MT Newswires) -- Applied Digital ( APLD ) shares fell 7.2% in recent Friday trading after CoreWeave ( CRWV ) sold its 5.5% stake in the company.

CoreWeave ( CRWV ) held nearly 13.1 million common shares of Applied Digital ( APLD ), according to an earlier regulatory filing with the US Securities and Exchange Commission.

Price: 11.61, Change: -0.90, Percent Change: -7.19

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Panasonic aims to develop groundbreaking EV battery in about two years
Panasonic aims to develop groundbreaking EV battery in about two years
Sep 17, 2025
(Reuters) -Panasonic aims to develop a new type of higher-capacity battery in about two years, potentially extending the driving range of electric vehicles in a groundbreaking advance for the Tesla supplier. The Japanese company is working on eliminating the anode in batteries during the manufacturing stage to increase energy density through technology it says is likely to provide a world-leading...
Trump tariffs could fund bailout for US farmers, agriculture secretary tells FT
Trump tariffs could fund bailout for US farmers, agriculture secretary tells FT
Sep 17, 2025
(Reuters) - The Trump administration is drawing up plans to use tariff revenue to fund a program to support U.S. farmers, the Financial Times reported on Thursday, citing agriculture secretary Brooke Rollins. There may be circumstances under which we will be very seriously looking to and announcing a package soon, Rollins told the newspaper in an interview on Wednesday. Rollins...
Burberry to test revival on London Fashion Week runway
Burberry to test revival on London Fashion Week runway
Sep 17, 2025
LONDON (Reuters) -Burberry's turnaround drive, which has tapped Oscar winner Olivia Colman and Oasis frontman Liam Gallagher to champion its British heritage and classic trench coats, faces a fresh test on Monday when it unveils its latest designs at London Fashion Week. CEO Joshua Schulman, an American, has overhauled Burberry's marketing to try to broadcast a version of Britishness that...
Panasonic aims to develop groundbreaking EV battery in about two years
Panasonic aims to develop groundbreaking EV battery in about two years
Sep 17, 2025
* Anode-free technology could boost EV battery capacity * Potential 90-mile increase in range of Tesla Model Y * Panasonic ( PCRFF ) also aims to reduce the amount of nickel required By Norihiko Shirouzu Sept 18 (Reuters) - Panasonic ( PCRFF ) aims to develop a new type of higher-capacity battery in about two years, potentially extending the driving...
Copyright 2023-2026 - www.financetom.com All Rights Reserved