DJ C3.Ai Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of C3.ai Inc. (AI) slid 2.66% to $36.19 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,047.15 and the Dow Jones Industrial Average falling 0.29% to 44,782.00.
The stock's fall snapped a two-day winning streak.
C3.ai Inc. closed $3.69 below its 52-week high ($39.88), which the company achieved on November 25th.
The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp. $(MSFT)$ rose 1.78% to $430.98, Alphabet Inc. Cl C $(GOOG)$ rose 1.46% to $172.98, and Alphabet Inc. Cl A $(GOOGL)$ rose 1.50% to $171.49.
Trading volume (5.3 M) eclipsed its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2024.
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(END) Dow Jones Newswires
December 02, 2024 17:21 ET (22:21 GMT)
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