Two main pure A.I stocks - Appen and C3.AI I hold both.... are just doing very poorly right now. One could see it as an opportunity and others pain threshold will be too much for them. It's not a buy - but potential is tremendous. There would be a few tax right-offs from some share holders and others shorting their own stock to push average price lower. Are we near a low - leave it to the muppets that think they have a crystal ball to figure it out. I'm just focussing on the business.
C3.ai, Inc. (AI) Increases Yet Falls Behind Market: What Investors Need to Know
Oct 17, 202308:45 GMT+11
AI−2.17%
The latest trading session saw C3.ai, Inc. AI ending at $24.78, denoting a +0.12% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 1.06%. Elsewhere, the Dow saw an upswing of 0.93%, while the tech-heavy Nasdaq appreciated by 1.2%.
The company's shares have seen a decrease of 9.54% over the last month, not keeping up with the Computer and Technology sector's loss of 2.02% and the S&P 500's loss of 3%.
The upcoming earnings release of C3.ai, Inc. will be of great interest to investors. In that report, analysts expect C3.ai, Inc. to post earnings of -$0.19 per share. This would mark a year-over-year decline of 72.73%
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