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| Name | UiPath CEO Daniel Dines on its public debut |
| Video Uploader | Video From CNBC Television |
| Upload Date | This Video Uploaded At 21-04-2021 16:33:45 |
| Video Discription | Daniel Dines, co-founder and CEO of UiPath, joins "TechCheck" to discuss the company's public debut on the New York Stock Exchange. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi UiPath rose 17% in the company’s stock market debut on Wednesday after the software vendor and its investors reeled in $1.34 billion in the company’s IPO. The shares opened at $65.50. The company, whose software helps businesses automate repetitive tasks, sold shares Tuesday night at $56 apiece, above its expected price range of $52 to $54. At the opening price, UiPath had a market value of $34 billion. If underwriters buy their allotted shares, UiPath’s offering will be the third-biggest ever for a U.S. software company, behind only cloud database vendor Snowflake, which raised $3.9 billion in September, and Qualtrics, which pulled in $1.78 billion in January after spinning out of SAP. UiPath is hitting the market at a time of rapid growth, as businesses from health care to energy producers look for ways to automate operations in their finance, human resources and legal departments. » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC https://www.cnbc.com/select/best-credit-cards/ #CNBC #CNBCTV |
| Category | News & Politics |
| Tags | techcheck | CNBC | business news | stock market | tech | technology | silicon valley | wall street | nyse | nasdaq | startup | venture | disrupt | innovation | app | digital | online | funding | investors |
