Shares of Ekso Bionics Holdings, Inc. (EKSO) surged over 100% to close at $11.08 after Applied Digital announced plans to spin out its cloud business, potentially unlocking value for affiliates like Ekso. Applied Digital is looking to separate its cloud segment into a standalone business to sharpen operational focus and capital allocation. EKSO opened at $5.46, reaching a high of $11.20 and a low of $5.40. Trading volume was significantly higher than average, indicating increased investor interest in the restructuring proposal. Ekso Bionics’ 52-week range is $2.90 – $11.20.

Read more at Nasdaq: Ekso Bionics Stock Soars 103% After Applied Digital Proposes Cloud Spin-Out