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Why C3.ai Stock Fell Again Today

TheMotleyFool

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Why C3.ai Stock Fell Again Today: https://g.foolcdn.com/editorial/images/727287/artificial-intelligence-ai-data-deep-processing.jpg

Shares of C3.ai (NYSE: AI) were falling for the second day in a row today as investors continued to react to yesterday's short-seller report from Kerrisdale Capital.

Though there was no additional news out, C3.ai's lack of a public response to the allegations of accounting fraud may have shaken investors further.

After tumbling 26% yesterday, the stock was down another 16.2% today as of 3:27 p.m. ET. Over the two-day period, the stock is now down nearly 40%.

Source Fool.com

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