The Appen Ltd (ASX: APX) share price rollercoaster continues on Thursday with the stock recovering its losses for the week so far.
There's been no news from the provider of data for artificial intelligence to explain today's surge. However, it's also a good day for many of its ASX technology peers.
At the time of writing, the Appen share price is $6.73, up 4.83% on its previous close.
For context, the S&P/ASX All Ordinaries Index (ASX: XAO) is also in the green, having gained 0.7%.
Let's take a look at what might be going on with ASX tech shares on Thursday.
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Appen share price up alongside ASX tech share peers
The S&P/ASX All Technology Index (ASX: XTX) is up 1.53% at the time of writing. Some of the big-name ASX tech shares doing well today include Megaport Ltd (ASX: MP1), up 3.33%, and WiseTech Global Ltd (ASX: WTC), up 4.1%.
Among the smaller ASX tech shares soaring today is Whispir Ltd (ASX: WSP), up 7.02%, and Dubber Corp Ltd (ASX: DUB), up 7.31%. Nuix Ltd (ASX: NXL) is also up 6.96%.
The market hasn't heard any price-sensitive news from Appen since early March but its share price has been displaying volatility lately. It fell 4.5% on Monday and gained it back on Tuesday. It slumped another 3.4% yesterday before lifting back into the green today.
Though, Appen's good days this week are nowhere near enough to outweigh its bad year. The Appen share price is 39% lower than it was at the start of 2022. It has also tumbled 54% since this time last year.
Appen has a market capitalisation of $792 million and has 123.4 million shares outstanding.
