Here's Why UiPath Stock Absolutely Crashed Today
UiPath(PATH) The Motley Fool·2024-05-30 23:13
Sales are struggling and the CEO is leaving after just four months on the job. When a company greatly reduces its full-year financial guidance and its new CEO abruptly leaves the company, investors tend to react negatively. And that's exactly what's happening with enterprise software company UiPath (PATH -35.25%) on Thursday. As of 9:45 a.m. ET, UiPath stock was down a painful 35% as investors processed the disheartening developments from its report for its fiscal first quarter of 2025. What's the problem w ...