Why UiPath (PATH) Stock Is Trading Up Today [Yahoo! Finance]
UiPath, Inc. Class A (PATH)
Company Research
Source: Yahoo! Finance
The Bureau of Labor Statistics reported nonfarm payrolls for September 2024, which exceeded expectations. Notably, nonfarm payrolls increased by 254,000, significantly surpassing the consensus estimate of 150,000. In addition, the unemployment rate clocked in at 4.1%, slightly below analysts' expectations of 4.2%. Overall, the report supports the Fed's favored "soft landing" narrative, suggesting that inflation can be controlled without significantly harming the economy. Is now the time to buy UiPath? Access our full analysis report here, it's free What The Market Is Telling Us UiPath's shares are very volatile and have had 20 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 28 days ago when the stock dropped 5.9% on the news that the company reported second-quarter earnings resul
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PATH
News
- 2 Growth Stocks to Buy Before They Soar 212% and 712%, According to Certain Wall Street Analysts [Yahoo! Finance]Yahoo! Finance
- UiPath Stock Falls 50% Year to Date: Should You Buy the Dip? [Yahoo! Finance]Yahoo! Finance
- AI's ROI Can Be Elusive, But That Doesn't Mean The Hype Is Misguided [Forbes]Forbes
- Is UiPath Inc. (PATH) the Worst Cloud Stock To Buy According to Short Sellers? [Yahoo! Finance]Yahoo! Finance
- Fifth Quarter Ventures: Pioneering Venture Capital In The Adriatic Region [Forbes]Forbes
PATH
Earnings
- 9/5/24 - Beat
PATH
Sec Filings
- 10/3/24 - Form 144
- 10/3/24 - Form 144
- 10/2/24 - Form 4
- PATH's page on the SEC website