UiPath Stock Plummets 30% Amid CEO Resignation and Disappointing Guidance
TL;DR Summary
UiPath (PATH) stock dropped 30.4% after announcing a CEO change, with founder Daniel Dines replacing Rob Enslin. Despite positive Q1 fiscal 2025 results, the company's revenue guidance for the next quarter and fiscal year fell short of analysts' expectations, contributing to the stock's decline.
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