Applied Digital (APLD) Stock on December 10, 2025: AI Data Center High‑Flier With Huge Backlog, Cash Burn and Short‑Squeeze Potential
Applied Digital Corporation shares traded at $31.76 on December 10, down 3% for the day but up 228% year-over-year. The company has signed about $16 billion in long-term AI data center leases but reported a $247.9 million net loss and nearly $1 billion in negative free cash flow over the past year. Short interest stands at 33% of free float. Analysts remain divided on the stock’s prospects.