Applied Digital (APLD) stock jumps 18%: hyperscaler lease talks and new financing set the stakes for Monday
New York, Jan 11, 2026, 07:46 EST — Market closed. Applied Digital Corp shares ended Friday at $37.68, gaining $5.75, roughly an 18% jump. The stock moved between $31.83 and $38.30 during the session, with around 86.4 million shares changing hands. This shift is crucial as the market now views power, land, and funded data-center capacity as tight resources for AI. Small developers securing long-term leases with major cloud clients are seeing their valuations adjust rapidly, for better or worse. Applied Digital finds itself caught in that crosscurrent. Its backlog is growing, and the funding is lined up, but heavy