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Down 41% From Its 52-Week High, Can C3.ai Stock Turn Things Around?
C3.aiC3.ai(US:AI) The Motley Foolยท2024-02-23 11:20

In the early days of the investor hype surrounding artificial intelligence (AI) stocks last year, C3.ai (AI 1.72%) looked to be one of the odds-on favorites to do well. And while 2023 did turn out to be a good year for the tech stock -- it rallied 157% -- the stock price movement has slowed drastically for several months largely because the company's financials haven't been all that impressive.C3.ai's stock isn't anywhere near its 52-week high of $48.87. It's down 41% from when it hit that peak last summer. ...