- Published at
- by finance.yahoo.com
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Why AppFolio Stock Is Plummeting Today
Shares of AppFolio (NASDAQ: APPF) are tumbling on Friday. The decline comes as the S&P 500 and Nasdaq Composite were mostly flat. The software-as-a-service (SaaS) company reported first-quarter results that narrowly missed expectations despite 16% year-over-year sales growth.