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Why Appian Stock Popped Today

TheMotleyFool

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Shares of Appian (NASDAQ: APPN) rallied today as investors jumped back into the tech sector, after dumping tech stocks last week.

The low-code, app-building company had gained 12.7% as of 3:10 p.m. EST.

There wasn't any company-specific news that helped push Appian's stock higher today, but investors are likely reacting to bond yields sliding lower over the past few days. Today's yield rate was around 1.52%, down from 1.62% earlier this month.

Source Fool.com

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