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Applied Blockchain stock slides in wake $40M IPO, Nasdaq uplisting

By Val Kennedy,     Applied Blockchain (APLD) stock tumbled 10% Thursday, a little over a week after the company uplisted its shares to Nasdaq and raised $40M through an initial public offering. Shares opened at $4.61, sliding to $4.15 by early afternoon. The stock recently changed hands at $4.24, down 10%, at approximately 2:55 p.m.[…]