In January 2016 Appian was granted “unicorn status” meaning they are a company worth 1bil (linked below). Taking a look at their stock today, I notice that their market cab is 1.1bil. Current share prices value the company at barely over what its valuation was a year and a half ago.
Taking in normal growth over that time and adding on expectations of future growth, I’d say this stock is extremely undervalued.
submitted by /u/pgneal3
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June 06, 2017 at 12:00AM
from /u/pgneal3
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