|Bid||128.00 x 800|
|Ask||130.00 x 800|
|Day's Range||127.54 - 132.39|
|52 Week Range||38.37 - 260.00|
|Beta (5Y Monthly)||1.78|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 05, 2021 - May 10, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||144.25|
Shares of Appian (NASDAQ: APPN) were moving lower in March as the cloud stock succumbed to broader pressure on growth stocks; investors rotated out of high-priced tech stocks and into value stocks. Appian, which specializes in low-code software, seemed particularly vulnerable after shares had more than tripled in a run-up that began in November. According to data from S&P Global Market Intelligence, the stock finished the month down 23%, even though there was no major news out on Appian.
Appian (NASDAQ: APPN) and Shopify (NYSE: SHOP) operate in different markets, but they both help clients compete in an increasingly digital world. That has translated into big gains for shareholders, with Appian stock surging 224% and shares of Shopify up 146% in the last 12 months.