UiPath shares tank 30% after company announces CEO shakeup
Publishing timestamp: 2024-05-29 18:55:02
Summary
UiPath co-founder Daniel Dines will assume CEO job, replacing his onetime co-CEO Rob Enslin after just months on job. Shares plunged more than 30% on news, which came alongside lowered guidance. Dines founded UiPath in 2005 and brought in Enslin to help grow and mature company's operations.
Sentiment: NEGATIVE
Keywords: breaking news: technology, earnings, uipath inc, business news, meta platforms inc,