UiPath (PATH) shares declined on Friday despite the company reporting better-than-expected second-quarter earnings. The stock initially rose after the positive results but then reversed course. Analyst price targets suggest potential upside for the stock, but investors are hesitant after the initial drop.
The Port Authority of New York and New Jersey’s new tap-and-go fare payment system, TAPP, has been embraced by over 50% of PATH riders, exceeding 50% usage each week since its launch seven months ago. The system’s convenience and ease of use have contributed to its rapid adoption, making it the preferred payment method for a majority of PATH commuters.
