Stock Market Today, July 17: UiPath Gains on Retail AI Partnership
Today, July 17, 2026, this week's AI pricing deal with a U.K. retailer boosted the stock as the automation provider navigates revenue headwinds.
Overview
UiPath (NYSE:PATH), an enterprise automation and robotic software provider, closed at $12.15, up 1.00%. The gains follow a recent retail artificial intelligence (AI) partnership, while broader technology weakness stayed in focus.
Trading volume reached 90.6 million shares, coming in about 86% above its three-month average of 48.7 million shares. UiPath IPO'd in 2021 and has fallen 81% since going public.
The S&P 500 (SNPINDEX:^GSPC) fell 1.01% to 7,458, and the Nasdaq Composite (NASDAQINDEX:^IXIC) fell 1.40% to 25,520. Among robotic process automation rivals, Appian (NASDAQ:APPN) closed at $26.11, down 0.38%, while Pegasystems (NASDAQ:PEGA), which will report Q2 earnings next week, closed at $32.16, down 2.31%.
Details
UiPath erased some of its losses today, but the stock is still down over 26% year-to-date. It automates common back-office business tasks with AI and robotic technology, but it has struggled alongside other software stocks as investors fear that AI might replace its services altogether.
Source
Originally published at www.fool.com.