Skip to Content
scroll

Why is Appen (APX) rallying?

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

The Latest Q&A

Question asked

Why is Appen (APX) rallying?

Hi, I have a question for James Gerrish. Appen is going to the moon recently, yet I couldn't find any news. Do you know what's going on? Thanks.

Answer

Hi Sam,

There is no specific news but the unveiling of ChatGPT has put AI back in the spotlight with APX providing the data which underpins the industries evolution. I can certainly imagine that nobody wants to short anymore after the stocks dramatic fall from grace.

chart
image description
Appen (APX)
image description

Relevant suggested news and content from the site

Back to top