According to the latest officially reported figures, short interest has risen and the free shares float continues to shrink 🔥 the pressure is rising until 💥
UiPath has $1.42 billion in cash, virtually no debt, and is profitable on a GAAP basis.
In addition, there is an active $500 million share buyback program already underway, which is actively reducing the free float. The company operates in the high-potential AI and automation sector, is currently growing at 17% annually, and counts over 60% of all major Fortune 500 companies among its customers or partners.
Its all-time high was over $85 and currently sits under $12.
Do your own due diligence! No investment advice, but the company is fundamentally much sounder than many of the high-risk "pump and dump" stocks often posted here.
Source:
https://finviz.com/stock?t=PATH&ty=si&p=d
