UiPath's Stock Price Decreases 49% YTD: How Should Investors Play?
PATHUiPath(PATH) ZACKS·2024-10-16 01:15

UiPath, Inc. (PATH) shares have declined 48.7% in the year-to-date period against the 36.5% rally of the industry it belongs to and the 24.3% rise in the Zacks S&P 500 composite. PATH's performance lags Varonis Systems, Inc. (VRNS) and Trend Micro Incorporated (TMICY) , which are its close competitors. VRNS and TMICY have rallied 32.3% and 3.4% in the year-to-date period, respectively. YTD Price Performance Image Source: Zacks Investment Research However, PATH's recent performance might paint a different pi ...