Shares of Appian (NASDAQ: APPN) rallied today as investors jumped back into the tech sector, after dumping tech stocks last week.
The low-code, app-building company had gained 12.7% as of 3:10 p.m. EST.
There wasn't any company-specific news that helped push Appian's stock higher today, but investors are likely reacting to bond yields sliding lower over the past few days. Today's yield rate was around 1.52%, down from 1.62% earlier this month.
Source Fool.com