A Scaled-Back Outlook is Pulling C3.ai's Stock Lower Today
AIC3.ai(AI) Investopedia·2024-09-05 23:16

Key TakeawaysShares of C3.a1 tumbled Thursday morning, pulled lower by a projected loss for the current quarter that was wider than analysts expected.The AI software maker reported a smaller loss than analysts expected for the latest quarter, but analysts said the company's subscription growth was disappointing.The morning's share-price drop extended the stock's year-to-date losses, pulling it to levels last seen in 2023. C3,a1 (AI) shares sank to their lowest point in months Thursday after the artificial i ...