UiPath Inc. shares rose in the extended session Wednesday after some initial volatility after the AI startup beat on earnings and announced share buybacks amid a conservative forecast.
UiPath PATH shares, which had initially declined as much as 2%, rallied more than 6% after hours. Having finished the regular session down 0.3% at close at $16.22, UiPath shares are up 27.6% year to date, compared with a 16.3% gain by the S&P 500 index SPX, and a 32.5% rise by the tech-heavy Nasdaq Composite COMP.
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