Why did UiPath stock drop 30% after the company reported earnings?

In this video I will talk about UiPath (NYSE: PATH)review the company’s most recent earnings report and explain why the company’s stock plummeted despite doubling growth.

*Share prices used are accurate as of the trading day of May 29, 2024. The video was published on May 30, 2024.

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Neil Rozenbaum has no position in any of the companies mentioned. The Motley Fool holds positions on and recommends UiPath. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may receive compensation to promote his services. If you choose to subscribe via his link, he will earn extra money that will support his channel. His opinions remain his own and are not influenced by The Motley Fool.

Why did UiPath stock drop 30% after the company reported earnings? was originally published by The Motley Fool