Uipath Inc is trading 4.2% down today at $11.19 as investors sell growth and tech names following stronger-than-expected U.S. jobs data that is pressuring rate-sensitive assets.
- The drop extends a multi-day slide in high-valuation software and AI-linked stocks as markets reassess the likelihood of near-term Fed rate cuts.
- The Nasdaq and broader tech benchmarks are notably weaker as the robust labor data impacts expectations for monetary policy.