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Why Did C3.ai Stock Jump 50% Higher Last Month?
C3.aiC3.ai(US:AI) The Motley Foolยท2024-03-05 22:58

C3.ai (AI -8.25%) continued its wild ride in February by surging 50% higher, according to data provided by S&P Global Market Intelligence. The artificial intelligence (AI)-as-a-service pioneer reported quarterly earnings that included encouraging news on burn rate and important customer metrics. C3.ai was able to claw back some of the past two years' shareholder losses with impressive results at a time when investor risk appetite is rising -- especially for AI stocks.C3.ai nailed key data pointsC3.ai's Feb. ...