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UiPath's Stock Price Just Plunged. Time to Buy?
PATHUiPath(PATH) The Motley Fool·2024-06-07 11:19

Is UiPath's recent stock drop a buying opportunity or a red flag? Here's what you need to know. Many analysts were quick to cut their price targets for UiPath's stock and the share price closed 34% lower the next day. But it wasn't a total retreat -- opportunistic investors like Ark Invest's Cathie Wood called it a buying opportunity and bought 2 million shares. Why UiPath's stock is falling The stock is down by a total of 53% year-to-date and a heart-wrenching 83% since its market debut in the summer of 20 ...