Workflow
Could C3.ai Stock Help You Retire a Millionaire?
AIC3.ai(AI) The Motley Fool·2024-12-15 09:46

This little AI company still has a lot to prove.C3.ai (AI 3.16%) was one of the market's hottest tech IPOs when it went public four years ago. The enterprise artificial intelligence (AI) software provider went public at $42 a share, and its stock more than quadrupled to a record high of $177.47 in less than a month.Yet by the end of 2022, C3.ai's stock had sunk to about $10 a share. It lost its luster as its revenue growth cooled off, it racked up steep losses, and investors fretted over its customer concen ...