Why C3.ai Stock Dropped on Wednesday
C3.ai (NYSE: AI) stock slipped 3.2% through 11:25 a.m. ET Wednesday after the artificial intelligence app maker reported worse-than-expected sales and earnings results last night.
Heading into the company's fiscal Q1 2026 report, Wall Street was already pessimistic, thinking C3.ai would lose $0.21 per share on sales of $93.9 million, but the news was worse. C3's sales totaled only $70.3 million, and its loss was $0.37 per share.
Image source: Getty Images.
Source Fool.com
