PATH - UiPath Down 30% On Thursday - What's Going On? | Benzinga
UiPath, Inc. (NYSE:PATH) shares are slumping in the premarket session on Thursday after ending yesterday’s run on a dull note.
The company announced that Rob Enslin will resign as CEO and member of the UiPath Board of Directors, effective June 1, 2024. Enslin will stay engaged with UiPath as an advisor during the transition.
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Daniel Dines, founder and former CEO of UiPath, will be reappointed CEO, also effective June 1, 2024. Dines currently serves as Chief Innovation Officer and Executive Chairman of the Board.
According to Benzinga Pro, PATH stock has lost over 7% in the past six months.
Investors can gain exposure to the stock via ARK Autonomous Technology & Robotics ETF (BATS: