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Why Appian Stock Fell Today

TheMotleyFool

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Shares of Appian (NASDAQ: APPN), a low-code, app-building platform company, were falling today on seemingly no company-related news. The stock may be tumbling as investors leave so-called stay-at-home stocks as the U.S. economy opens back up.

The tech stock was down by as much as 8% today and was down by 69% as of 2:07 p.m. EDT.

Generally speaking, tech stocks have experienced significant sell-offs since the beginning of this year as investors have turned their attention away from the tech sector to other areas of the economy.

Source Fool.com

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