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Here's Why C3.ai Stock Dropped 13% Last Month

TheMotleyFool 
0 0 10.09.24
Here's Why C3.ai Stock Dropped 13% Last MonthPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.theapi.app/temp/32e7a10f-efd0-424a-861f-2f3e0bb7ce02.png
 

Shares of C3.ai (NYSE: AI) 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.

AI stocks showed weakness across the board in the first week of August. The likes of Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Nvidia (NASDAQ: NVDA), and Palantir (NYSE: PLTR) all moved sharply lower during the first seven days of the month. C3.ai dropped 12.5% during that time.

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Source Fool.com

Alphabet Inc. C Stock

€298.30
0.290%
Alphabet Inc. C gained 0.290% compared to yesterday.
Our community is currently high on Alphabet Inc. C with 66 Buy predictions and 5 Sell predictions.
With a target price of 367 € there is a positive potential of 23.03% for Alphabet Inc. C compared to the current price of 298.3 €.
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