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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

€30.80
-0.100%

Our community is currently high on Appian with 11 Buy predictions and 4 Sell predictions.
With a target price of 37 € there is a positive potential of 20.13% for Appian compared to the current price of 30.8 €.
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