Dow Jones Futures: Dow Tests Key Support As Stimulus Fears Weigh On Market Rally; Lululemon, RH, GME Stock Are Earnings Movers

Fed comments and fiscal stimulus fears weighed on stocks Wednesday. Lululemon, RH, GameStop moved on earnings. Read More...

Motley Fool

Why UiPath Stock Dropped Today

Shares of UiPath (NYSE: PATH) fell 9.6% on Wednesday, following the release of the automation software leader’s fiscal 2022 second-quarter results. UiPath’s customer base grew to over 9,100 by the end of the second quarter, up from roughly 8,500 in the first quarter. In turn, UiPath’s annualized renewal run-rate (ARR), a key metric for software companies that essentially estimates subscription-based revenue for the coming year, soared 60% to $726.5 million.

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