10 Stocks Investors Dumped Fast

7. Applied Digital Corporation (NASDAQ:APLD)

Applied Digital dropped its share prices by 6.06 percent on Monday to finish at $13.02 apiece as investors sold off positions while waiting for more concrete developments from the US-China trade talks.

Last week, Applied Digital Corporation (NASDAQ:APLD) earned a boost from two 15-year lease contracts with CoreWeave, Inc. (NASDAQ:CRWV), under which the former will deliver 250 megawatts of critical IT load to host the latter’s artificial intelligence (AI) and high-performance computing (HPC) infrastructure at its Ellendale, North Dakota data center campus.

Monday’s performance, however, suggested that the news had already been priced in by investors, and that they are now looking for more catalysts to boost buying appetite.

Pursuant to the lease contracts, CoreWeave, Inc. (NASDAQ:CRWV) also retains the option to access an additional 150 MW of critical IT load at Ellendale, positioning the campus as a scalable hub for expanding AI and HPC workloads.

Applied Digital is expected to deliver the first 100 MW of data center in the fourth quarter of the year, while the remaining 150 MW is expected to come online in the middle of 2026.