Applied Digital (APLD) Stock on November 30, 2025: AI Data Center Milestones, $2.35B Debt Deal and a 1GW Power Project
Applied Digital shares traded near $27 as of November 30, 2025, giving the company a market cap of about $7–8 billion after a year of 220% gains. The company brought its first 100MW AI data center fully online in North Dakota and secured a $5 billion lease with a major U.S. hyperscaler. Options trading volume has surged, with high volatility and a negative trailing P/E around -24x.