PRISM Mid-Day Movers: Data Center Infrastructure Optimism and Cannabis Collapse Define Market Divergence

2025-07-31 13:30:24 ET

Applied Digital Surges 33% on Record Revenue and Infrastructure Expansion

Applied Digital Corporation ( APLD ) rallied 33.20% to top the PRISM Emerging AI Datacenter & Infrastructure Index after reporting strong fiscal Q4 2025 results . The company posted $50.4 million in quarterly revenue, marking a 46% year-over-year increase, driven by record output at its three operational datacenters. With EBITDA climbing to $17.8 million and a fourth site in Garden City ramping toward capacity, Applied also reiterated its AI cloud services will begin onboarding enterprise customers in fiscal Q1 2026. Investors cheered the company's expanded AI pipeline and strategic vision in powering large-scale generative workloads.

AYR Wellness Plummets 77% on Restructuring Deal with Creditors

AYR Wellness Inc. ( AYRWF ) plunged 77.45%, weighing heavily on the PRISM Emerging Cannabis Index , after entering into a Restructuring Support Agreement (RSA) with senior noteholders . The deal includes an Article 9 sale process that will see key assets sold via credit bid to creditors, and a wind-down of other assets through court-supervised liquidation. The company also secured a $50 million bridge facility to maintain operations during the transition. While the restructuring aims to preserve core markets and reduce debt, equity holders face steep dilution or potential wipeout, prompting the massive selloff.

Other PRISM Mid-Day Movers:

• SNDL Inc. ( SNDL ) up 21.89%
• InspireMD, Inc. ( NSPR ) up 19.83%
• Plus Therapeutics, Inc. ( PSTV ) up 17.95%
• Hepion Phamaceuticals, Inc.a ( HEPA ) up 17.25%

The post PRISM Mid-Day Movers: Data Center Infrastructure Optimism and Cannabis Collapse Define Market Divergence appeared first on PRISM MarketView .

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