Applied Digital (APLD) stock is up again — what’s driving the move after hyperscaler leases
New York, Jan 12, 2026, 11:32 AM EST — Regular session Applied Digital Corporation shares climbed roughly 2.5% on Monday, buoyed by continued buying following last week’s quarterly report. The stock gained 93 cents to $38.61 in late morning trading, after fluctuating between $36.10 and $39.47 earlier in the session. This shift is crucial as investors chase scarce data-center power and long-term deals linked to AI workloads. It’s been a hot spot in U.S. tech stocks this month, attracting a lot of quick capital. Applied Digital finds itself smack in the middle of this. The company is still expanding, securing