Why C3.ai Stock Soared 51% in November
Shares of C3.ai (NYSE: AI) were surging last month as investors cheered a new partnership with Microsoft, a sign that the AI software company may finally be turning the corner after years of wide losses. Additionally, the company benefited from a strong report from Palantir, the software company that has best proven the market for AI services thus far.
According to data from S&P Global Market Intelligence, the stock finished the month up 51%. As you can see from the chart below, the stock popped after the Microsoft news came out on Nov. 19.
Source Fool.com
Microsoft Corp. Stock
€432.35
-0.270%
The stock is one of the favorites of our community with 150 Buy predictions and 4 Sell predictions.
With a target price of 500 € there is a slightly positive potential of 15.65% for Microsoft Corp. compared to the current price of 432.35 €.
