Applied Blockchain: Intriguing Model But Overvalued (NASDAQ:APLD)
Applied Blockchain recently completed a name change, business model change, and Nasdaq up-list. Here's why I can't recommend APLD stock.
Source: seekingalpha.com
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Applied Blockchain, Inc. (APLD) to Raise $59 Million in IPO
Applied Blockchain, Inc. (APLD) expects to raise $59 million in an IPO on Wednesday, April 13th, IPO Scoop reports. The company will be issuing 3,200,000 shares at $16.54-$20.54 per share. In the last twelve months, Applied Blockchain, Inc. generated $2 million in revenue and had a net loss of $14.3 million. The company has a […]
Source: etfdailynews.com