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Why Appian Stock Surged 24% in May

TheMotleyFool

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Shares of Appian (NASDAQ: APPN) rose 24.7% in value last month, according to data provided by S&P Global Market Intelligence. The low-code software automation provider delivered a better-than-expected first-quarter earnings report in early May.

Appian saw existing customers expand the use of services on the platform, as well as the addition of new clients who are looking to save time and money for mission-critical business applications.

Image source: Getty Images.

Source Fool.com

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