For UiPath, this addition could expand the company’s investor base substantially, as funds that track the S&P MidCap 400 will be required to purchase PATH stock. This mandatory buying pressure, ...
However, Palantir's huge gains have left the stock at a huge valuation; it's trading at a forward price-to-sales (P/S) ...
UiPath is moving higher after announcing it will be added to the S&P MidCap 400, a meaningful milestone that should drive incremental demand from index-tracking funds and raise the company's profile.
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