Applied Digital Just Sent Little-Known Ekso Bionics Stock Soaring. Should You Buy Shares Here?

Ekso Bionics (EKSO) shares nearly doubled on Dec. 30 after Applied Digital (APLD) revealed plans of spinning off its cloud segment into a standalone business. The announcement sparked investor enthusiasm for Ekso Bionics, as that company would merge with the spunoff cloud segment of Applied Digital to create a new company, ChronoScale. More News from Barchart Despite this explosive surge, EKSO stock remains down roughly 40% versus its year-to-date high. www.barchart.com What APLD Announcement Means f ...