UiPath shares tank 30% right after corporation announces CEO shakeup

UiPath shares tank 30% right after corporation announces CEO shakeup


UiPath co-founder & CEO Daniel Dines

Courtesy: UiPath

UiPath shares plunged far more than 30% on Wednesday soon after the program firm reported CEO Rob Enslin is resigning successful June 1, and becoming replaced by co-founder Daniel Dines, who stepped down as co-CEO on Jan. 31.

The shakeup arrives much less than five months after UiPath ended a co-CEO arrangement amongst Enslin and Dines.

This is breaking news. Be sure to check back again for updates.



Supply

Trump’s crypto agenda is being threatened by his pursuit of personal profits
Technology

Trump’s crypto agenda is being threatened by his pursuit of personal profits

U.S. President Donald Trump looks on as he gives remarks outside the West Wing at the White House in Washington, D.C., U.S., May 8, 2025. Kent Nishimura | Reuters President Donald Trump is standing in his own way when it comes to passing crypto legislation. Lawmakers this week rejected the GENIUS Act — a bill […]

Read More
Google agrees to pay .4 billion data privacy settlement to Texas
Technology

Google agrees to pay $1.4 billion data privacy settlement to Texas

A Google corporate logo hangs above the entrance to the company’s office at St. John’s Terminal in New York City on March 11, 2025. Gary Hershorn | Corbis News | Getty Images Google agreed to pay nearly $1.4 billion to the state of Texas to settle allegations of violating data privacy rights of the state’s […]

Read More
Affirm shares drop 13% on weak forecast, concerns over CEO’s bet on 0% loans
Technology

Affirm shares drop 13% on weak forecast, concerns over CEO’s bet on 0% loans

Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Drew Angerer | Getty Images Affirm shares plunged on Friday after the fintech company issued a weak forecast, and investors questioned CEO […]

Read More