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Why Appian Stock Tumbled Today


Shares of Appian (NASDAQ: APPN) were taking a dive today after the low-code cloud software company reported first-quarter results that matched analyst expectations on the top line but came up short on the bottom line.

Appian also cut its bottom-line forecast for the year.

As a result, the stock was down 19.1% as of 11:43 a.m. ET.

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Source Fool.com

Appian Stock

€21.36
4.940%
Appian dominated the market today, gaining €1.03 (4.940%).
With 3 Buy predictions and 4 Sell predictions the community is currently undecided on Appian.
However, we have a potential of 21.72% for Appian as the target price of 26 € is above the current price of 21.36 €.
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