PRISM Mid-Day Movers: AI Infrastructure and Pharma Indices Jump On Lease Deal and Trial Results

Applied Digital Rockets 49% on Major AI Datacenter Lease with CoreWeave
Applied Digital Corporation (APLD) surged nearly 50% to lead the PRISM Emerging AI Datacenter and Infrastructure Index after announcing a 250MW lease agreement with CoreWeave (CRWV). The long-term agreement will power AI and high-performance computing infrastructure at Applied Digital's Ellendale, North Dakota campus. The deal, expected to generate approximately $7 billion in revenue over 15 years, underscores the growing demand for next-generation AI infrastructure and positions Applied Digital as a key player in the sector's expansion.

Opus Genetics Climbs 25% on Phase 3 Trial Success in Eye Disorders
Opus Genetics, Inc. (IRD) rose 25%, buoying the PRISM Emerging Pharmaceuticals Index, after announcing that its LYNX-2 Phase 3 trial met its primary endpoint. The trial tested Phentolamine Ophthalmic Solution 0.75% in patients with visual disturbances following LASIK and other keratorefractive surgeries. The treatment significantly improved night-driving vision in dim, low-contrast conditions, an area with no currently approved therapies, offering hope for patients struggling with glare and halos post-surgery.

Other PRISM Mid-Day Movers:

• Oragenics, Inc. (OGEN) surged 76.83%
• Brand Engagement Network Inc. (BNAI) gained 43.37%
• Verastem, Inc. (VSTM) declined 20.88%

The post PRISM Mid-Day Movers: AI Infrastructure and Pharma Indices Jump On Lease Deal and Trial Results appeared first on PRISM MarketView.

COMTEX_466027390/2927/2025-06-02T13:00:38