Check out the companies making headlines yesterday:
Cracker Barrel (NASDAQ: CBRL): Restaurant company Cracker Barrel (NASDAQ: CBRL) fell by 2.4% on Tuesday after Argus Research lowered its price target on the stock to $50 from $62 See our full article here.
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Atkore (NYSE: ATKR): Electrical safety company Atkore (NYSE: ATKR) rose by 2.1% on Tuesday after activist investor Irenic Capital Management built a 2.5% stake in the company and urged it to pursue a sale. See our full article here.
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PayPal (NASDAQ: PYPL): Digital payments platform PayPal (NASDAQ: PYPL) fell by 3.8% on Tuesday after OpenAI unveiled a financial offering powered by Stripe, a key competitor, adding to a series of negative developments for the company in Europe. See our full article here.
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GoDaddy (NYSE: GDDY): Domain registrar and web services company GoDaddy (NYSE: GDDY) fell by 3.2% on Tuesday after UBS lowered its price target on the stock, citing concerns over competition from artificial intelligence. See our full article here.
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UiPath (NYSE: PATH): Automation software company UiPath (NYSE: PATH) rose by 10.8% on Tuesday after the company announced a series of collaborations with major technology players, including Snowflake, OpenAI, NVIDIA, and Google, to bolster its automation platform with advanced artificial intelligence capabilities. See our full article here.
Is now the time to buy UiPath? Access our full analysis report here, it’s free.