Why C3.ai Stock Was Bouncing Back Today
After a two-day slide following an attack from short-seller Kerrisdale Capital, C3.ai (NYSE: AI) shares were rebounding today as CEO Thomas Siebel took the airwaves to defend the company and brush off allegations that the company's accounting was misleading.
As of 12:24 p.m. ET, the stock was up 10.8% on the news.
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Source Fool.com
