Could Applied Digital Stock Survive Its Lenders Pulling Back?

Over the past year, Applied Digital (APLD) stock lost 34%, while the S&P 500 returned 21%. The core issue for shareholders is how the company pays for its AI data centers. Applied Digital borrows to build these facilities. On October 7, 2026, Reuters reported that the company posted a wider loss as it invested more in construction. During the fiscal Q1 2027 earnings call that same day, an analyst pointed to a challenging bond market and asked executives about future funding options. If lenders s