These 10 Stocks Were Wednesday’s Worst Performers

6. UiPath Inc. (NYSE:PATH)

UiPath saw its share prices on Wednesday drop by 5.2 percent as investors resorted to profit-taking following a 10-percent increase in its valuation the trading day prior on the back of research reports that 90 percent of IT executives have business processes that agentic AI would improve, while 77 percent said they are prepared to invest in agentic AI this year.

The company stands to benefit from any potential increase in investments in Agentic AI, a probabilistic technology with high adaptability to changing environments and events. It relies on patterns and likelihoods to make decisions and take actions, as opposed to deterministic systems—such as Robotic Process Automation (RPA)—that follow fixed rules and predefined outcomes.

In other news, UiPath received a downgraded rating from several analysts. Earlier this month, Barclays decreased its price target for the company to $15 from $16 apiece, while giving it an “equal weight” rating.

On January 15, Needham & Company LLC reissued a “hold” rating for the company, while Wells & Fargo dropped its target price on UiPath’s stock to $13 from $15 each.