Previous Close | 7.80 |
Open | 14.50 |
Bid | 12.40 |
Ask | 16.50 |
Strike | 45.00 |
Expire Date | 2024-05-17 |
Day's Range | 14.50 - 16.30 |
Contract Range | N/A |
Volume | |
Open Interest | 224 |
Appian (Nasdaq: APPN) today announced it has been named a Leader by Gartner in its 2024 Magic Quadrant for Process Mining Platforms report. The report evaluated 18 vendors and their product offerings. For more information, download a complimentary copy of the Gartner Process Mining 2024 report.
Shares of low code software development platform provider Appian (Nasdaq: APPN) fell 23.1% in the morning session after the company reported first-quarter results with revenue guidance for the next quarter, missing analysts' expectations, while full-year revenue guidance was roughly in line. While revenue beat slightly, billings (often analyzed in addition to revenue because it's cash in the door rather than recognized revenue dictated by accounting rules) missed Wall Street's estimates. Overall
As tech giants consider AI spend and pilot new offerings, they desire safety with AI and the cloud.