What happened Shares of Appian (NASDAQ: APPN), the low code app-building platform, fell again today as some investors continued their exit from the tech sector. The tech stock was down by 11.5% as of 3:39 p.m. EDT. So what For the past few months, investors have begun shifting their attention to other areas of the economy that they believe will benefit as the U.S. emerges from the pandemic. With several COVID-19 vaccines available and states ramping up vaccine distribution, some investors are taking their money out of tech stocks -- which have performed very well over the past 12 months -- and putting it elsewhere. Image source: Getty Images. Investors are seeing rising bond yield rates and easing pandemic restrictions across the country that are, in general, making them hopeful that more parts of the economy will open back open soon. This collective shift in investing strategy has sent the tech sector tumbling, pushing Appian's stock down 22% year to date. It's worth mentioning that today's share price drop doesn't have anything to do with any company-specific information. Now what Last month, Appian reported impressive fourth-quarter 2020 results, with cloud subscription revenue climbing 40%, subscription sales up 33%, and total revenue increasing 19%. Additionally, the company grew subscription customers by 50% in the full year 2020 and sales jumped 17% from 2019. All of which means that long-term investors shouldn't worry about the company's underlying business just because of these recent share price dips. 10 stocks we like better than AppianWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Appian wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Appian. The Motley Fool has a disclosure policy.Source