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Stock impact report

Will UiPath Stock Get Back on the Comeback Trail? [Yahoo! Finance]

UiPath, Inc. Class A (PATH) 
Company Research Source: Yahoo! Finance
So far, UiPath's lead in robotics process automation (RPA) and its niche within artificial intelligence (AI) have failed to draw the interest of investors. However, the robotics stock may have hit rock bottom, and if the company can regain its footing, it could find itself in a strong position to bounce back. Let's see what could lie ahead for the struggling company. What happened to UiPath? The 2022 bear market never seemed to end for UiPath stock. Amid slowing growth and worries about competition, the stock missed last year's bull market in AI stocks. Moreover, a sudden CEO departure is never a good sign for the company but it may be especially troubling in this case. Enslin served as co-CEO of UiPath since April 2022 and only assumed full control when co-founder Daniel Dines left the role at the end of January. Amid the departure, Dines has returned as CEO. Nonetheless, he will have to contend with continued struggles on the financial front. In the first quarter of fiscal Show less Read more
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