PLAN - 3 Growth Stocks Down at Least 36% But Poised for a Bull Run in 2022
2021 was a tough year for many growth-stock investors. Between market sentiment switching to "economic reopening" plays and many internet and cloud-computing businesses lapping tough comparisons from 2020 (when digital services were seemingly our only link to the outside world during lockdowns), many growth stocks finished the year down by double-digit percentages.
Anaplan (NYSE: PLAN) , Magnite (NASDAQ: MGNI) , and Appian (NASDAQ: APPN) were in that list of falling growth stocks, with their stock prices down 36%, 43%, and 60%, respectively, in 2021. Nevertheless, all three companies are still growing and are poised for a rebound in 2022 and beyond. Here's why.
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3 Growth Stocks Down at Least 36% But Poised for a Bull Run in 2022