Appian helps companies deploy new business applications fast using low-code app development.

$APPN stock keeps getting rejected at around $60. Bounced back from Coronavirus lows of about $31 to that level but has since fallen all the way back to $46. Long term thesis seems to be intact, but curious as to what caused the trend reversal since May 26th, and if this could be foreshadowing for other software companies.

Also, note for developers: I was able to like my own memo.