Here's Why C3.ai Stock Dropped 13% Last Month
C3.ai(AI) The Motley Fool·2024-09-10 07:32
This AI stock struggled against broader market forces ahead of its quarterly earnings report.Shares of C3.ai (AI 0.42%) fell 12.8% in August, according to data provided by S&P Global Market Intelligence. The stock slumped ahead of its quarterly earnings report as investors adjusted their expectations for AI software.August started out tough for AI stocksAI stocks showed weakness across the board in the first week of August. The likes of Microsoft (MSFT 1.00%), Alphabet (GOOG -1.57%) (GOOGL -1.33%), Nvidia ( ...