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Why AppFolio Stock Skyrocketed Today


(NASDAQ: APPF) stock closed out Friday's trading with a double-digit gain on strong quarterly results. The company's share price gained 11.2% in the session and had been up as much as 15.4% earlier in trading.

AppFolio published its Q1 results after the market closed yesterday and reported sales and earnings for the period that beat Wall Street's expectations. While the stock saw a strong pop today, its share price is still down roughly 27% year to date.

Image source: Getty Images.

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Source Fool.com

Appfolio Inc Stock

€156.15
-6.460%
Heavy losses for Appfolio Inc today as the stock fell by €3.60 (-6.460%).
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the Appfolio Inc stock is not clear.
As a result the target price of 170 € shows a slightly positive potential of 8.87% compared to the current price of 156.15 € for Appfolio Inc.
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