Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Shares of Shopify, PayPal, and Appian Are Surging Higher Today

TheMotleyFool

0 0

Why Shares of Shopify, PayPal, and Appian Are Surging Higher Today: https://g.foolcdn.com/editorial/images/703537/gettyimages-607922530.jpg

Shares of some growth stocks were spiking today as the broader market indices jumped. Some investors appear to be hopeful that the market has finally reached its bottom and are now looking to put some money back into stocks.

As a result, investors returned to some technology stocks today, helping to lift Shopify (NYSE: SHOP) by 13.5%, PayPal Holdings (NASDAQ: PYPL) by 5.2%, and Appian (NASDAQ: APPN) by 7.3% as of 10:30 a.m. ET.

There wasn't any company-specific news driving Shopify, PayPal, and Appian higher today. Investors instead appeared optimistic about the market in general and were snatching up shares in the tech sector.

Source Fool.com

Like: 0

SHOP

Share