Uipath is trading at $12.10 (up 4.1%), continuing a sharp rebound from last week’s selloff.
- The move is largely driven by a rally in the software sector, with the iShares Expanded Tech-Software Sector ETF (IGV) climbing over 3%.
- Renewed optimism surrounding artificial intelligence and anticipation of upcoming big-tech earnings are fueling the upward momentum.
- There are no new company-specific catalysts reported for the stock today.