UiPath's Stock Takes a 30% Dive Following Missed Outlook and CEO Transition
Thursday, 30 May 2024, 04:36
UiPath Stock Plummets 30%
UiPath Inc. (NYSE:PATH) reported a solid set of first-quarter results; however, the soft guidance sent shares sharply lower in premarket trading Thursday.
Mixed Reactions:
- Analysts
- Investors
Market volatility persists as UiPath experiences significant challenges amidst a downward trend triggered by the missed outlook and CEO transition.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.