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Here's Why Appian Is Soaring Today

TheMotleyFool

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Here's Why Appian Is Soaring TodayPhoto, wide shot, wide-angle lens, Metal fabrication, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Hiroshi Sugimoto: https://img.midjourneyapi.xyz/temp/568784d0-c41a-4663-ab01-91f29a370903.png

The stock market was rebounding nicely on Tuesday following a multiday slump, with the Dow Jones Industrial Average, S&P 500, and Nasdaq all up as of 10:25 a.m. ET. However, low-code app development-company Appian (NASDAQ: APPN) was a big outperformer -- shares were up by more than 33% for the day in rather volatile trading.

Although we're in the busiest time of earnings season, Appian isn't moving today for that reason.

Image source: Getty Images.

Source Fool.com

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