APPN - These 2 Stocks Stood Strong Despite the Nasdaq's Friday Fall
It looks like this week will prove to be one of the worst for stock market investors in some time, as Friday's trading session brought steep losses to major market benchmarks yet again. The Nasdaq Composite (NASDAQINDEX: ^IXIC) was down nearly 2% in early afternoon trading, bringing its total decline for the week to roughly 7%.
However, a couple of Nasdaq stocks bucked that downtrend and posted sizable gains. Below, you'll learn more about why Appian (NASDAQ: APPN) and Alaunos Therapeutics (NASDAQ: TCRT) were near the top of the performance list at the Nasdaq on Friday.
Shares of Appian were up by nearly 5% in early afternoon trading on Friday. The low-code application development platform provider has seen its stock struggle over much of the past year, but a favorable decision from a state court judge helped it preserve a key victory in a past legal battle.
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These 2 Stocks Stood Strong Despite the Nasdaq's Friday Fall