Why Is APPLIED DIGITAL CORP (APLD) Stock Down Today?
By the Top Tier Newswire AI Desk · November 13, 2026 at 9:45 AM ET · reviewed against 4 wire stories
APPLIED DIGITAL CORP (APLD) is down -6.99% in the latest session. Our newswire has captured 4 stories on APLD across 4 sources in the last 36 hours, with AI sentiment reading bearish (avg 39/100).
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Applied Digital (APLD) shares fell 6.99% to $15.77 on Thursday. The decline was driven by broader weakness in AI infrastructure stocks following a shock to the sector, specifically the resignation of NVIDIA’s CEO and a cautious outlook from Nebius.
What Happened
The drop in Applied Digital shares coincided with a sharp sell-off across the AI data center sector. Reports indicated that two specific shocks to the AI infrastructure trade landed hardest on the company. The first was the resignation of Jensen Huang as CEO of NVIDIA. The second was a cautious outlook provided by Nebius. These events triggered a broad decline among peers, with Nebius shares dropping 21% and CoreWeave falling 14%. Applied Digital’s decline gave back the company’s 7% gain from the previous month.
The company faces execution risks as it scales its operations. Applied Digital has approximately $36 billion in contracted revenue, but most of the compute capacity behind these contracts is still under construction. Furthermore, the financing for these projects is not yet fully secured. The stock’s high beta of 5.54 amplifies its sensitivity to sector-wide volatility.
What The Data Shows
The stock opened at $16.97 and hit a session high of $17.23 at 8:30 AM ET before sliding to a low of $15.71 at 9:45 AM ET. Volume stood at 4.4 million shares, which is 0.2 times the three-month daily average. Fundamentals show a market cap of $5.4 billion with trailing twelve-month revenue up 217.6%. However, the company remains unprofitable with an EPS of -1.59 and a net margin of -53.0%. The stock is currently trading near its 52-week low of $13.12, having printed 11 fresh 52-week lows on November 13, 2026.
Recent insider activity shows mixed signals. CEO Wes Cummins and President Zhang Jason Gechen both bought shares on October 16, 2026. Director Richard Nottenburg sold shares on October 13, 2026. Over the last 90 days, insiders executed two buys totaling $6.7 million and one sale totaling $683,000.
What To Watch
Investors will monitor the company’s progress in securing financing for its under-construction data centers. The stock’s recent trend shows a 4.8% decline over the last eight sessions. With retail sentiment deteriorating over the last seven days, the market will likely focus on how the company navigates the current regulatory and financing landscape.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
APLD · Nov 13 session (5-min) · -8.50% vs prior close · updated 8:54 PM ETAI sentiment, last 36h · averaged over 4 stories · 39/100 bearish
The headlines behind the move
Story flow · 3 stories on the wire, last 36h · hover or tap a dot for the headline
15h agoThe Motley FoolBEARISH 34General
Prediction: This Data Center Stock Will Keep Sliding in 2027
Applied Digital has about $36 billion in contracted revenue, but most of the compute capacity behind it is still under construction, and the financing isn't all lined up yet.
1d agoInvesting.com MarketsBEARISH 38General
Why is Applied Digital stock sliding today?
Why is Applied Digital stock sliding today?
1d ago24/7 Wall St.BEARISH 34General
Applied Digital Sinks 8% as Nebius Outlook and NVIDIA CEO Exit Hit AI Data Center Stocks; Cipher Digital Falls 4%, TeraWulf Slides 3%
Two shocks to the AI infrastructure trade are landing hardest on Applied Digital (NASDAQ:APLD). Applied Digital stock is at $16.45 in Thursday morning trading, down 8%. The drop gives back the company’s 7% gain on November 11, when the stock closed at $17.91. Fresh guidance from Nebius Group (NASDAQ:NBIS) rattled the AI cloud trade. At […]
2d agoInvestors.comNEUTRAL 50General
Applied Digital And Harwood: A Teaching Moment For AI Data Centers?
Applied Digital's Polaris Forge 2 site pitted Harwood, N.D. and Fargo against one another.
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