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Why Appian Stock Soared 34% in January

TheMotleyFool

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Shares of Appian (NASDAQ: APPN) gained 33.6% in value last month, according to data provided by S&P Global Market Intelligence, after announcing the acquisition of Noyayre Solutions SL, maker of the highest-rated Jidoka robotic process automation (RPA) software platform.

Investors loved the prospects for this addition to Appian's fast-growing business and wasted no time sending the share price higher.

Image source: Getty Images.

Source Fool.com

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