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Stock impact report

UiPath (PATH) Stock Down Since Jim Cramer Said It Wasn't For Him [Yahoo! Finance]

UiPath, Inc. Class A (PATH) 
Company Research Source: Yahoo! Finance
UiPath, Inc. (NYSE:PATH) is a robotic process automation firm that provides software robots to automate processes and operations. Its shares are up by 1.5% over the past year, but they are down by 35% since Cramer discussed them in October on Mad Money. However, UiPath, Inc. (NYSE:PATH)'s shares surged by 32% in early October before his remarks. Among the news reports that hit the wires during this time period was a press release on September 30th, which saw the firm announce partnerships with Microsoft, NVIDIA, OpenAI, and other technology giants. Its shares also closed a strong 24% higher on December 4th. The surge came after UiPath, Inc. (NYSE:PATH) reported its third quarter earnings report, which saw the firm post $411 million in revenue and $0.16 in adjusted earnings per share. The results beat analyst estimates of $392 million and $0.15. However, earlier this month on the 12th, UiPath, Inc. (NYSE:PATH)'s stock closed 8% lower as the firm reported its fourth quarter earnings. T Show less Read more
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