Why C3.ai Stock Is Sinking Today
Shares of C3.ai (NYSE: AI) are falling on Thursday. The company's stock had lost 6.4% as of 2:10 p.m. ET, but was down as much as 10.3% earlier in the day. The drop comes as the S 500 was flat and the Nasdaq Composite lost 0.6%.
C3.ai, which helps businesses leverage artificial intelligence (AI), reported its fiscal 2025 Q3 earnings Wednesday evening, and several key analysts downgraded their ratings.
The company posted a loss of $0.12 a share on $98.8 million in sales, versus the consensus estimate of a $0.24 loss on $98.01 in sales. The $98.8 million in sales represents a 26% increase over the same period in the previous year.
Source Fool.com
