Applied Digital Falls to $17.83, Its Lowest Price in a Year
As seen on the 24/7 Wall St. homepage on October 26, 2026.
Applied Digital marked a fresh 52-week low at $17.83, 1.22% under the floor it set just ten days ago. That is less than half the June peak near $48, with the market cap now down to $5.4 billion.
Continue ReadingShow less
Applied Digital closed at $17.83, breaking below the prior 52-week floor it had set just ten days earlier on October 16. The stock has now shed more than half its value from its June peak.
The stock climbed into the mid-$40s range multiple times over the past year but never held those levels, and each failed recovery left a lower ceiling in place. The current low is the worst reading in that entire span.
Sponsored
Twelve Tabs, One Thesis
Your Research Resets Every Morning
The quote page in one tab. Filings in another. A chart you rebuilt from scratch, a transcript you never went back and found, a screener whose settings you will redo next week. Nothing you built yesterday is still there.
AlphaSpace replaces all of it with one screen you arrange yourself. Earnings calendar, estimate versus actual, the call transcript, live news, your own charts, every panel wired to whatever ticker you click. Close the browser and it is all still sitting there tomorrow.
See What a Built View Looks Like →
(Sponsor)
For investors who bought anywhere near the June highs, the damage is severe and the absence of any sustained floor is the most pressing concern right now. A stock that keeps setting fresh annual lows has not yet found the price where buyers are willing to step in and hold.
The next question is whether the $17.83 level attracts enough interest to pause the slide, or whether the pattern of lower lows continues. Until a close above a prior resistance level sticks, the technical picture remains pointed in one direction.
Sources
Mentioned: APLD