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Appian, Okta, and Shopify Stocks All Popped on Friday

Rich Smith, The Motley Fool
·2-min read
Appian, Okta, and Shopify Stocks All Popped on Friday

Shares of unprofitable tech stocks Appian (NASDAQ: APPN), Okta (NASDAQ: OKTA), and Shopify (NYSE: SHOP) all popped in Friday trading, closing 4.6%, 5.7%, and 5.8% higher, respectively. Were today's rising prices a harbinger of even better days to come, or just a gift: a day in which stock prices rise for no reason, giving investors a chance to cash out at a profit? Lacking any real news underlying the rising share prices, I'm more inclined to think the latter, especially in the case of Appian.

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