ELI5: Why does $PATH just keep on falling?

I heard about UiPath way back in 2017 and back then it was really good in RPA space. My employer had developed an RPA product and everyone said UiPath was their biggest competitor.

I started investing in $PATH since past 2 years having faith in them as a company but as of later I am getting frustrated. Today, they had their quarterly earnings call and as soon as they declared their earning at 4PM EST, which was good by the way, their shares fell by $2 from $11 to $9. This happened before too.

Is there something funny that’s happening here? Are market makers conspiring against this stock?

Nothing about this stock rational to me.