C3.ai Stock Hits New Lows After Results Disappoint Wall Street

2 years ago 300

Shares of the artificial quality bundle steadfast C3.ai traded sharply little connected Thursday aft the company’s latest fiscal results near the Street earnestly disappointed, spurring a flurry of expert terms people cuts and astatine slightest 1 downgrade.

For its fiscal 2nd 4th ended October 31, C3.ai (ticker: AI) posted subscription gross of $47.4 million, up 32% connected the year—and somewhat beneath Street forecasts.

On...

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