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Why AI Stock C3.ai Crushed It on Wednesday


It's a volatile stock even by the dramatic standards of the artificial intelligence (AI) space, and C3.ai (NYSE: AI) had one of its "up" trading sessions on Wednesday. Investors were obviously quite pleased by an announcement of a new product, and showed their appreciation by bidding the company's shares up by nearly 10%. That was well higher than the 0.3% rise of the S&P 500 index that day.

That morning, C3.ai announced the rollout of its C3 Agentic AI Websites service. According to the company, which heralded the launch in a press release, this is a product that can turn any website "into an immersive, interactive, conversational platform." This offering is now live on the company's web portal.

Image source: Getty Images.

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Source Fool.com

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