Applied Digital is trading 4.05% down at $25.40 on September 28, 2026, alongside broader market weakness.

  • The S&P 500 is down 0.61% and the Nasdaq Composite is down 0.87%.
  • Bitcoin is also lower, but its reported drop is smaller and does not appear to explain the full move.
  • The September 26 announcement naming Brookwood, Alabama, for the company’s 210-MW Delta Forge 2 campus is positive project news, not an evident catalyst; no direct company-specific cause was identified.