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Vail Resorts Falls, United Natural Foods Drops, Applied Digital Rises on 15-Year Lease Deal With Hyperscaler
Description
On this episode of Stock Movers:
-Vail Resorts (MTN) shares drop after the ski resort operator cut its net income guidance for the full year, attributing the reduction to “historically challenging” weather conditions in the western US. The guidance missed the average analyst estimate.
-United Natural Foods (UNFI) shares fall after the grocery wholesaler lowered the top end of its guidance, though ultimately maintaining the midpoint, while third-quarter adjusted EPS narrowly beat, and net sales saw a modest shortfall.
-Applied Digital (APLD) shares rise after the neocloud company said it signed a 15-year take-or-pay lease with a US-based artificial intelligence hyperscaler, for 210 megawatts of critical IT load at its Delta Forge 2 campus.
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