What happened

Investors in Appian (NASDAQ:APPN), a low-code software pioneer, are having a positive end to a volatile trading week. Shares were up as much as 13% in early morning trading on Friday. As of 10:55 a.m. EDT, they were up about 9%. 

So what

On Wednesday, Appian's stock dropped more than 10% without any significant news. The company's news feed is just as bare today, so the move is likely nothing more than just normal market volatility. 

PIggy bank chalk board arrow up

Image source: Getty Images.

That reasoning is all the more likely when considering that a number of other high-growth tech companies are also rebounding sharply from their early week sell-offs. Square, Twilio, and Baozun all rose by double digits in early morning trading on Friday, too.

Tech stocks have been red-hot for many years, so the increased volatility makes sense when considering that most of these companies are high-beta stocks

Now what

It can be challenging for investors to remain calm during periods of market turmoil. The past week has certainly been challenging for all investors, but the pain has been especially hard on those of us who like high-growth stocks.

In times like these, it's important for investors to remain focused on company fundamentals and do their best to ignore the day-to-day gyrations. On that front, there's little doubt that Appian is executing well against its long-term opportunity. That's why this bull plans to continue to hold Appian's stock with a long-term mindset.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.