2 Tech Stocks Sliding on Downbeat Forecasts

Automation software stock UiPath Inc (NYSE:PATH) is down 16.1% at $9.92 at last glance, and earlier hit a record low of$9.50, after the company's fourth-quarter revenue miss and disappointing fiscal 2026 guidance. During the call, CEO Daniel Dines pointed macroeconomic concerns, and BofA Global Research today downgraded the shares to "underperform" from "neutral," slashing its price target to $10 from$18. PATH is now down 58% year-over-year, and after a 34% post-earnings bear gap in May, has traded in a t ...