Stock FAQs

why did utf stock drop

by Clemens Schamberger DDS Published 3 years ago Updated 2 years ago
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Why did AT&T’s shares plunge today?

Shares of AT&T (T -19.10%) plummeted this morning after Discovery Communications officially closed on the deal to acquire WarnerMedia from the telecom giant, creating a new company called Warner Bros. Discovery.

Why did UiPath stock fall 9% Wednesday?

Shares of UiPath ( NYSE:PATH) fell 9.6% on Wednesday, following the release of the automation software leader's fiscal 2022 second-quarter results. Revenue surged 40% year over year to $195.5 million. A combination of new customer additions and higher sales to existing clients helped to fuel the gains.

Which stocks are headed for a 10-for-1 stock split?

Online retailer Shopify (SHOP) has a 10-for-1 stock split planned for later in June, while Tesla (TSLA) and meme stock darling GameStop (GME) have proposed splitting their stocks as well.

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How has Cohen & Steers Infrastructure Fund's stock performed in 2022?

Cohen & Steers Infrastructure Fund's stock was trading at $28.50 on January 1st, 2022. Since then, UTF shares have decreased by 4.1% and is now tra...

How often does Cohen & Steers Infrastructure Fund pay dividends? What is the dividend yield for Cohen & Steers Infrastructure Fund?

Cohen & Steers Infrastructure Fund declared a monthly dividend on Friday, April 1st. Stockholders of record on Wednesday, June 15th will be given a...

Is Cohen & Steers Infrastructure Fund a good dividend stock?

Cohen & Steers Infrastructure Fund(NYSE:UTF) pays an annual dividend of $1.86 per share and currently has a dividend yield of 0.08%. View Cohen &...

Who are Cohen & Steers Infrastructure Fund's key executives?

Cohen & Steers Infrastructure Fund's management team includes the following people: Mr. Robert Hamilton Steers , Co-Chairman (Age 69) Mr. Martin...

Who are some of Cohen & Steers Infrastructure Fund's key competitors?

Some companies that are related to Cohen & Steers Infrastructure Fund include (DP3D.L) (DP3D) , (WDE.AX) (WDE) , 360 Capital Digital Infrastruct...

What other stocks do shareholders of Cohen & Steers Infrastructure Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cohen & Steers Infrastructure Fund investors own include A...

What is Cohen & Steers Infrastructure Fund's stock symbol?

Cohen & Steers Infrastructure Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "UTF."

Who are Cohen & Steers Infrastructure Fund's major shareholders?

Cohen & Steers Infrastructure Fund's stock is owned by a variety of retail and institutional investors. Top institutional investors include McGowan...

Which major investors are selling Cohen & Steers Infrastructure Fund stock?

UTF stock was sold by a variety of institutional investors in the last quarter, including Commonwealth Equity Services LLC, All Season Financial Ad...

What happened

Shares of Unity Software ( U 3.25% ) lost 28.2% in value last month, according to data provided by S&P Global Market Intelligence .

So what

Unity Software reported revenue of $220 million, up 39% year over year. But investors were likely more focused on the deceleration in revenue growth over previous quarters, where fourth-quarter growth was below the full-year increase of 43%.

NYSE: U

On the bright side, profitability is improving. It's normal for fast-growing companies to sacrifice near-term profits for long-term growth, but management's goal is to move the business toward free-cash-flow breakeven.

Now what

Management's outlook for 2021 overshadowed the improvement on the bottom line. Guidance calls for full-year revenue to come in between $950 million and $970 million. That represents year-over-year growth of just 24% at the midpoint, which raises concerns about Unity's valuation.

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What happened

Shares of UiPath ( PATH 3.77% ) fell 9.6% on Wednesday, following the release of the automation software leader's fiscal 2022 second-quarter results.

So what

Revenue surged 40% year over year to $195.5 million. A combination of new customer additions and higher sales to existing clients helped to fuel the gains.

NYSE: PATH

In turn, UiPath's annualized renewal run-rate (ARR), a key metric for software companies that essentially estimates subscription-based revenue for the coming year, soared 60% to $726.5 million.

Now what

As a leader in robotic process automation technology, UiPath helps organizations become more efficient. By using software to automate repetitive and often mind-numbing tasks, companies can slash costs and boost the productivity and morale of their employees. It's a potentially massive market, one that UiPath pegs at a whopping $60 billion.

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