Teal Linde's Top Picks for November 4, 2024 [BNN Bloomberg (Canada)]
UiPath, Inc. Class A (PATH)
Company Research
Source: BNN Bloomberg
MARKET OUTLOOK: With a U.S. presidential race that has seemingly been too close to call for months with little movement in the polls, eyes are glued to what will happen in tomorrow's election. This begs the question about what historically happens in the aftermath of U.S. presidential elections? In spite of some level of anxiety that usually hangs over the election, the fourth quarter of an election year tends to be a decent one for the U.S. stock market, using the S&P 500 Index as a gauge. Excluding the financial crisis fourth quarter of 2008, since 1952, the U.S. market has averaged a four per cent gain (compared to 2.2 per cent for the average quarter) in the quarter in which the election takes place. These results tend to be the case regardless of which party is elected. Also, most of the gain tends to take place after the election is over, particularly when a new president is elected, which is guaranteed to be the case this year. As for the calendar year following the elec
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PATH
News
- UiPath (PATH) Rises Higher Than Market: Key Facts [Yahoo! Finance]Yahoo! Finance
- Spotify (SPOT) Q3 Earnings Lag Estimates [Yahoo! Finance]Yahoo! Finance
- UiPath Inc. (PATH)'s AI Ambitions: Can New Leadership Revive This Struggling Stock? [Yahoo! Finance]Yahoo! Finance
- UiPath (PATH) Outperforms Broader Market: What You Need to Know [Yahoo! Finance]Yahoo! Finance
- UiPath Announces Third Quarter Fiscal 2025 Financial Results Conference Call [Yahoo! Finance]Yahoo! Finance
PATH
Earnings
- 9/5/24 - Beat
PATH
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- 11/4/24 - Form SC
- PATH's page on the SEC website