C3.Ai Inc. Stock Underperforms Wednesday When Compared To Competitors

Dow Jones
01-09

DJ C3.Ai Inc. Stock Underperforms Wednesday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of C3.ai Inc. (AI) slid 7.04% to $33.30 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,918.25 and the Dow Jones Industrial Average rising 0.25% to 42,635.20.

This was the stock's second consecutive day of losses.

C3.ai Inc. closed $11.78 below its 52-week high ($45.08), which the company achieved on December 10th.

The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. $(MSFT)$ rose 0.52% to $424.56, Alphabet Inc. Cl C $(GOOG)$ fell 0.67% to $195.39, and Alphabet Inc. Cl A $(GOOGL)$ fell 0.79% to $193.95.

Trading volume (5.2 M) remained 2.9 million below its 50-day average volume of 8.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.

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(END) Dow Jones Newswires

January 08, 2025 17:29 ET (22:29 GMT)

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