DJ C3.Ai Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of C3.ai Inc. (AI) advanced 2.69% to $31.73 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.83% to 5,949.91 and the Dow Jones Industrial Average rising 1.65% to 43,221.55.
The stock's rise snapped a five-day losing streak.
C3.ai Inc. closed 29.61% short of its 52-week high of $45.08, which the company achieved on December 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. $(MSFT)$ rose 2.56% to $426.31, Alphabet Inc. Cl C $(GOOG)$ rose 3.10% to $196.98, and Alphabet Inc. Cl A $(GOOGL)$ rose 3.11% to $195.55.
Trading volume (5.0 M) remained 3.3 million below its 50-day average volume of 8.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 15, 2025.
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(END) Dow Jones Newswires
January 15, 2025 18:02 ET (23:02 GMT)
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