UiPath CEO Resigns Leading to Share Plunge: Is It a Buying Opportunity?

Reported 4 months ago

Following the resignation of UiPath's CEO and disappointing guidance, the company saw a decline in its shares. Despite the setbacks, the company reported decent results for the first quarter, an increase in revenue and renewed customer retention rates. With the new CEO onboard and a reset of expectations to very low levels, the forward valuation of UiPath seems undervalued, making it a potential bargain for investors in the long run.

Source: YAHOO

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