DJ C3.Ai Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of C3.ai Inc. (AI) rose 2.44% to $22.64 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,842.63 and the Dow Jones Industrial Average rising 1.14% to 43,006.59.
This was the stock's second consecutive day of gains.
C3.ai Inc. closed 49.78% short of its 52-week high of $45.08, which the company reached on December 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. $(MSFT)$ rose 3.19% to $401.02, Alphabet Inc. Cl C $(GOOG)$ rose 1.38% to $174.99, and Alphabet Inc. Cl A $(GOOGL)$ rose 1.23% to $173.02.
Trading volume (3.6 M) remained 2.1 million below its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.
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(END) Dow Jones Newswires
March 05, 2025 17:23 ET (22:23 GMT)
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