What's Going On With UiPath Stock?

By Parkev Tatevosian, CFA – Jun 2, 2023 at 6:30AM

NYSE: PATH

UiPath

Market Cap

$11B

Today's Change

(-0.42%) -$0.08

Current Price

$19.04

Price as of April 18, 2024, 4:00 p.m. ET

UiPath stock has been on a tear lately, which is making many stock market investors curious.

Fool.com contributor and finance professor Parkev Tatevosian discusses the factors underlying UiPath's (PATH -0.42%) stock price momentum.

*Stock prices used were the afternoon prices of May 30, 2023. The video was published on June 1, 2023.

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

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.