Why UiPath Stock Soared Today
Shares of UiPath (NYSE: PATH) were surging today after the digital automation specialist posted better-than-expected results in its third-quarter earnings report.
The cloud software company beat estimates on both the top and bottom lines and posted guidance in line with expectations, assuaging earlier fears about a slowdown in growth.
As a result, the stock closed up 26.7% on the news.
Source Fool.com