Why Is UiPath (PATH) Stock Down 30% Today?
PATHUiPath(PATH) Investor Place·2024-05-30 21:01

UiPath (NYSE:PATH) stock is falling on Thursday after the end-to-end automation company announced a change in CEOs during its latest earnings report. UiPath says that Rob Enslin is stepping down as the CEO and a Board member of the company. This has the company reappointing Daniel Dines as its next CEO. Dines is the founder and previous CEO of the company. This change is set to go into effect on Saturday. Enslin will stick around in an advisory role to ensure a smooth transition between CEOs. It's also wort ...