UiPath (PATH) Stock Skyrockets on AI Partnerships and Earnings Beat – Will the Rally Continue?
Stock Performance UiPath shares have surged in recent weeks amid a tech-sector rally and company-specific news. The stock closed at $16.48 on Oct. 24 stockanalysis.com, up roughly 6–7% on the day and near its highest level since mid-2024. That jump extends a sharp October run: PATH was trading around $12 in early October but rallied about 20% in early October following the announcement of new AI partnerships ts2.tech. Investors piled into AI-related stocks after favorable inflation data and solid earnings from big tech – for example, the Nasdaq Composite rose 1.15% on Oct. 24 to record highs reuters.com – giving