Appian is trading 4.31% down at $49.72, in line with a broad software-sector selloff.
- Reuters reports software shares fell after disappointing Fortinet and ServiceNow results heightened AI-disruption concerns.
- Software ETF IGV was down 4.26% during the regular session.
- Appian announced a U.S. Army system milestone on October 29, but the announcement does not explain the same-day decline.