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Here's Why Appian, Datadog, Okta, and Other Tech Stocks Are Higher Wednesday


The stock market was having a relatively flat day on Wednesday, with both the Dow Jones Industrial Average and the S&P 500 benchmark index hovering around neutral for much of the morning. But the Nasdaq was significantly higher, led by strong gains from several big tech stocks.

To name some of the most significant movers as of 11:15 am EDT today, Appian (NASDAQ: APPN) was higher by 6%, Datadog (NASDAQ: DDOG) was up by more than 5%, Okta (NASDAQ: OKTA) had gained 7%, MongoDB (NASDAQ: MDB) was 6% higher, and Slack Technologies (NYSE: WORK) was a particularly strong performer, with shares rising by about 8%.

Image source: Getty Images.

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Source Fool.com

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