UiPath shares fall after quarterly results fail to ease competition fears
UiPath shares declined 16% to $15.29 midday Friday, and are down 6.7% this year, after its quarterly results failed to quash investor concerns about growing competition.
By Katherine HamiltonShares of UiPath fell after the business-automation company's quarterly results failed to quash investors' concerns about growing competition.The stock declined 16%, to $15.29, midday Friday and is down 6.7% this year.The slide came even after the company raised its outlook and…