Why C3.ai Stock Popped Today
AIC3.ai(AI) The Motley Fool·2024-05-31 03:24

Shares of the AI software stock jumped on a better-than-expected earnings report.Shares of C3.ai (AI 21.41%) were surging today after the enterprise-software company posted better-than-expected results in its fiscal fourth-quarter earnings report and offered solid guidance for fiscal 2025.As a result, the stock was up 19.2% as of 2:26 p.m. ET. C3.ai quiets the doubtersC3.ai emerged as an early winner in the AI boom as its stock soared early last year, but since then, its shares have mostly struggled as it's ...