|Bid||0.00 x 1200|
|Ask||0.00 x 800|
|Day's Range||47.67 - 49.96|
|52 Week Range||43.45 - 87.00|
|Beta (5Y Monthly)||0.72|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 01, 2022 - Aug 05, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||85.46|
The share prices of Appian (NASDAQ: APPN), Fastly (NYSE: FSLY), and Alteryx (NYSE: AYX) were all climbing today as some investors appear to be moving back into the tech sector. Investors have been particularly wary of technology stocks recently as inflation has climbed to a 40-year high, but the rally from these three stocks today shows that some investors may think the sector has finally reached its bottom.
Alteryx, Inc. (AYX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Growth stocks tend to have aggressive valuations in normal markets that can create outsized (and often negative) volatility during market corrections. Let's take a closer look at three growth stocks with these characteristics. The company's suite of products brings automation and organization to customer management and communication functions.