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UiPath's stock dives to an all-time low amid lower revenue forecasts and economic worries.
UiPath, an automation software company, saw its stock price drop significantly due to lower-than-expected revenue forecasts and concerns over macroeconomic conditions, particularly in the US public sector.
The company's Q4 revenue was slightly below expectations, though earnings per share met forecasts.
Several financial firms have lowered their price targets, and the stock has reached an all-time low.
Despite the recent downturn, UiPath has shown annual sales growth of 17% over the last three years.
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Las acciones de UiPath se sumergen en un bajo de todos los tiempos en medio de previsiones de ingresos más bajos y preocupaciones económicas.