UiPath Inc.
shares initially fell under pressure in the extended session Wednesday after the AI startup’s forecast overshadowed its earnings beat. UiPath shares declined as much as 2%, but were last up 4.5%, following a 0.3% rise to close the regular session at $16.22. The company reported a second-quarter loss of $60.4 million, or 11 cents a share, compared with a loss of $120.4 million, or 22 cents a share, in the year-ago period.
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