14.12.2024 09:39:00

C3.ai Sees AI Momentum, Raises Guidance. Is It Time to Buy the Stock?

C3.ai (NYSE: AI) shares bounced around after the enterprise artificial intelligence (AI) software company reported its latest quarterly results. The action in the stock likely confused some investors, as the stock soared in after-hours trading immediately after its report, only to open the next morning in negative territory. The stock then solidly rebounded into positive territory.Overall, the stock has been on a strong run since mid-November and is trading up about 45% on the year as of this writing, erasing early year losses.Let's take a closer look at the tech company's recent earnings report to see why the stock has been bouncing around and whether now is a good time to buy the stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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