UiPath Stocks is Falling After Earnings and the Company Is Boosting Its Buyback Plan

Key Takeaways UiPath beat profit and sales estimates on increasing demand for its artificial intelligence automation products. The software provider raised its full-year sales and annual recurring revenue forecasts, though to levels near Wall Street's expectations. UiPath increased its stock buyback program by $500 million. Its shares have fallen this year. UiPath (PATH) shares slipped Friday, handing back early morning gains, even as the enterprise automation and artificial intelligence (AI) software provi ...