Cloud stocks mount big rally led by UiPath, as investors bet tech valuations have bottomed - 03 iunie 2022: Diferență între versiuni
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Cloud stocks rallied on Thursday, with more than a dozen vendors notching gains of 10% or more, as investors used an upbeat day on Wall Street to snap up shares of companies that have been beaten down the most in this year’s selloff. | Cloud stocks rallied on Thursday, with more than a dozen vendors notching gains of 10% or more, as investors used an upbeat day on Wall Street to snap up shares of companies that have been beaten down the most in this year’s selloff. | ||
UiPath (US.PATH), a provider of software for automating office tasks, led the charge, surging 17%. The company late Wednesday reported a narrower-than-expected loss for the first quarter, while revenue topped estimates. UiPath raised its revenue guidance for the full year, also surpassing analysts’ expectations. Even after Thursday’s pop, UiPath has lost more than half its value this year. | [[UiPath]] ([[US.PATH]]), a provider of software for automating office tasks, led the charge, surging 17%. The company late Wednesday reported a narrower-than-expected loss for the first quarter, while revenue topped estimates. UiPath raised its revenue guidance for the full year, also surpassing analysts’ expectations. Even after Thursday’s pop, UiPath has lost more than half its value this year. | ||
[[Categorie:US.PATH]][[Categorie:Analize]][[Categorie:Stiri despre piata]] | [[Categorie:US.PATH]][[Categorie:Analize]][[Categorie:Stiri despre piata]] | ||
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Versiunea curentă din 31 octombrie 2024 11:33
Cloud stocks rallied on Thursday, with more than a dozen vendors notching gains of 10% or more, as investors used an upbeat day on Wall Street to snap up shares of companies that have been beaten down the most in this year’s selloff.
UiPath (US.PATH), a provider of software for automating office tasks, led the charge, surging 17%. The company late Wednesday reported a narrower-than-expected loss for the first quarter, while revenue topped estimates. UiPath raised its revenue guidance for the full year, also surpassing analysts’ expectations. Even after Thursday’s pop, UiPath has lost more than half its value this year.