UiPath valued at $34 billion in NYSE debut, opens up nearly 17%

(Reuters) - Automation tech startup UiPath Inc was valued at $34 billion in its U.S. market debut on Wednesday, the latest tech company to capitalize on investors' appetite for high-growth stocks.

The stock opened at $65.50, up almost 17% from the offer price of $56 per share.

(Reporting by Niket Nishant in Bengaluru; Editing by Aditya Soni)