What's Wrong With UiPath's Stock?
Artificial intelligence (AI) has been a hot investing theme over the past couple of years. Companies involved with AI have been some of the best investments to own -- for the most part, anyway.
One stock that has been underwhelming despite its focus on AI is UiPath (NYSE: PATH). Last year, the stock plummeted 49%. Over the past three years, it's down a staggering 62%. Those aren't the types of returns you might expect for a business that's focused on automating tasks and which should be the type of stock investors are bullish on these days.
So what's wrong with UiPath, and why isn't it doing better? I'll look at why investors aren't that thrilled with the business and whether it could make for a good contrarian pick this year.
Source Fool.com
