C3.ai Shares Drop 30% Following ‘Unacceptable’ Results and CEO Health Issues
In recent trading, C3.ai’s stock tumbled as much as 30% after the company reported preliminary Q1 results that fell drastically short of expectations. The dramatic downturn was attributed to underwhelming sales performance and the health-related absence of its founder and CEO, Thomas (“Tom”) Siebel. This has sparked alarm among investors tracking AI stocks, with serious…