Stock Market Today, May 19: UiPath Slips as Korea Automation Cloud Launch Tests Regional Enterprise Demand
UiPath (NYSE:PATH), an automation platform providing robotic process automation solutions, closed Tuesday’s session at $10.54, down 0.99%. The stock moved after a collaboration with Microsoft Korea to locally launch Automation Cloud, and investors are watching how this expands regional cloud automation adoption.
The company’s trading volume reached 41 million shares, which is about 28% above compared with its three-month average of 32.1 million shares. UiPath went public in 2021 and has fallen 85% since its IPO.
How the markets moved today
S&P 500 (SNPINDEX:^GSPC) slipped 0.67% to 7,353.61, while the Nasdaq Composite (NASDAQINDEX:^IXIC) fell 0.84% to finish at 25,870.71. Within software - infrastructure, industry peers Microsoft (NASDAQ:MSFT) closed at $417.42 (-1.44%) and ServiceNow (NYSE:NOW) ended at $101.83 (-1.54%), underscoring pressure across enterprise software names.
What this means for investors
UiPath shares moved modestly lower alongside enterprise software peers, even as the company announced a collaboration with Microsoft Korea to launch Automation Cloud locally in South Korea. The launch gives Korean enterprises access to UiPath’s cloud automation platform with local data-residency support, a factor that can matter for large organizations managing regulated or sensitive workflows.
The update aligns with UiPath’s broader effort to expand cloud-based automation through major technology partners rather than relying solely on direct enterprise sales. Future customer wins, or Microsoft-led deployments in South Korea would provide a clearer read on whether local Automation Cloud availability is converting into recurring cloud revenue.
Should you buy stock in UiPath right now?
Before you buy stock in UiPath, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and UiPath wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $483,476!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,362,941!*
Now, it’s worth noting Stock Advisor’s total average return is 998% — a market-crushing outperformance compared to 207% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of May 19, 2026.
Eric Trie has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Microsoft, ServiceNow, and UiPath. The Motley Fool has a disclosure policy.
Recommended Articles
