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Here's Why Appian Stock Sank Today

Here's Why Appian Stock Sank Today

Shares of Appian (NASDAQ: APPN) slipped roughly 8.1% in today's trading, according to data from S&P Global Market Intelligence. There wasn't any major business-specific news behind the move, but the low-code software specialist's stock got hit hard amid a pullback for growth-oriented tech stocks. Technology stocks sold off in the lead-up to earnings releases from major industry players including Microsoft, Alphabet, and Apple.