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Co-founders Cummins and Zhang buy ~$6.7M of APLD stock

Company: Applied Digital

Subject kind
personnel
Statement date
2026-10-25
Promised amount
6700000.0 USD
Current status
stated

The claim, verbatim

Co-founders Wes Cummins and Jason Zhang purchased roughly $6.7 million of Applied Digital shares combined as the stock hit a one-year low.

Source (primary)

Applied Digital (NASDAQ: APLD) Co-Founders Snap Up $6.7 Million In Shares As Stock Hits One-Year Low - Foreign Policy Journal (-, news_article)
View cached copy (2026-10-27)Live source ↗Archive.org ↗

Quote: “The two executives purchased roughly $6.7 million worth of shares combined as the data-center company’s stock slumped to a one-year low.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Applied Digital (NASDAQ: APLD) Co-Founders Snap Up $6.7 Million In Shares As Stock Hits One-Year Low - Foreign Policy Journal

Quote: “The two executives purchased roughly $6.7 million worth of shares combined as the data-center company’s stock slumped to a one-year low.”

View cached copy (2026-10-27)Live source ↗Archive.org ↗