Why Appian Stock Is Surging Today

In response to management announcing well-received first-quarter earnings and increasing full-year revenue guidance, shares of Appian (NASDAQ: APPN), a software-as-a-service company focused on low-code software, rose 17% as of 1:09 p.m. EDT on Friday.

The headline numbers from Appian's second quarter looked good:

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Source Fool.com