Why Did C3.ai Drop 12%+ After Earnings Beat, and What Should Investors Do Now?

By |2023-12-07T20:50:31+00:00June 1st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , |

After the market closed yesterday, C3.ai (AI) reported fiscal 4th quarter earnings. The company exceeded analyst estimates for revenue and profit alike - and yet, the stock fell off a cliff. Revenue of $72.4 million came in well above the $71 million estimation from Wall Street. And while the company still reported a negative [...]