C3.ai Stock Hits New Lows After Results Disappoint Wall Street

Shares of the artificial quality bundle steadfast C3.ai traded sharply little connected Thursday aft the company’s latest fiscal results near the Street earnestly disappointed, spurring a flurry of expert terms people cuts and astatine slightest 1 downgrade.

For its fiscal 2nd 4th ended October 31, C3.ai (ticker: AI) posted subscription gross of $47.4 million, up 32% connected the year—and somewhat beneath Street forecasts.

On...