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UiPath Stock: Can Robotic Process Automation Boost Your Portfolio?

UiPath (NYSE: PATH), a 2021 high-flyer unicorn IPO, recently had its first earnings report, and the company's stock pulled back on valuation concerns. UiPath's stock price has an all-time high of $90, but now trades closer to $70. UiPath is a global software company focused on robotic process automation, also called RPA.