3 Growth Stocks Down at Least 36% But Poised for a Bull Run in 2022
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. Connected resource planning is more important than ever these days.