What's Going On With UiPath Stock?

By Parkev Tatevosian, CFA – Oct 22, 2022 at 8:00AM

NYSE: PATH

UiPath

Market Cap

$7B

Today's Change

(-2.77%) -$0.34

Current Price

$11.92

Price as of June 3, 2024, 4:00 p.m. ET

UiPath's stock price is down meaningfully in 2022 as businesses curtail investments in technology.

UiPath (PATH -2.77%) is pioneering automation for businesses worldwide. The feature is highly sought after now that widespread inflation is raising wages. Unfortunately, UiPath stock is down substantially in 2022. This video digs through the details to answer what's going on with UiPath stock.

*Stock prices used were the afternoon prices of Oct. 19, 2022. The video was published on Oct. 21, 2022.

Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends UiPath Inc. The Motley Fool has a disclosure policy.

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