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Why UiPath Stock Plunged 38% Last Month

TheMotleyFool

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Shares of UiPath (NYSE: PATH) took a dive last month as the growth stock was hit by the sell-off in the first half of March and then plunged at the end of the month when it reported earnings. Though the company's fourth-quarter results topped estimates, guidance for 2022 was disappointing, and the stock finished March down 38%, according to data from S&P Global Market Intelligence.