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Why AppFolio Stock Jumped 16% in November

TheMotleyFool

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Why AppFolio Stock Jumped 16% in November

Shares of AppFolio (NASDAQ: APPF) gained 16.1% last month, according to data from S&P Global Market Intelligence. For context, the S&P 500 index tacked on 3.6% in November, while the tech-heavy Nasdaq index was up 5%.

AppFolio is a software-as-a-service (SaaS) provider that focuses on the real estate and legal markets.

Its shares had gained 93.2% in 2019 through Tuesday, versus the S&P 500's 25.7% return over the period.

Source Fool.com

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