Why C3.ai Stock Keeps Going Down
For four long days, shares of eponymous artificial intelligence stock C3.ai (NYSE: AI) have gone nowhere but down, falling another 3.3% in morning trading on the NYSE Friday, 11:15 a.m. ET -- and losing nearly 24% from Tuesday's close. Or at least it seemed positive, with investment banks Bank of America, Canaccord, JMP Securities, Morgan Stanley, Piper Sandler, and Wedbush all lining up to raise price targets on the company after it beat earnings on Wednesday.