Why AI and Specialty Tech Stocks Tumbled Today
C3.ai(AI) The Motley Fool·2024-02-21 09:30
In recent times, there have been trading sessions where artificial intelligence (AI) and specialty tech stocks roared higher in price. Tuesday, however, was not one of them.On investor hedging with a leading title in tech hardware, concern spread throughout the tech sector and affected the stocks of many niche players. AI solutions developer C3.ai (AI -5.85%) took a nearly 6% hit to its price that day, while Pure Storage (PSTG -5.01%) wasn't far behind with a 5% drop. Two other prominent specialty tech comp ...