DJ C3.Ai Inc. Stock Rises Monday, Still Underperforms Market
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Shares of C3.ai Inc. (AI) inched 0.79% higher to $28.05 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.08% to 5,564.41 and the Dow Jones Industrial Average rising 0.32% to 40,415.44.
The stock's rise snapped a four-day losing streak.
C3.ai Inc. closed $16.85 below its 52-week high ($44.90), which the company reached on August 1st.
The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp. $(MSFT)$ rose 1.33% to $442.94, Alphabet Inc. Cl C $(GOOG)$ rose 2.21% to $183.35, and Alphabet Inc. Cl A $(GOOGL)$ rose 2.26% to $181.67.
Trading volume (2.2 M) remained 3.3 million below its 50-day average volume of 5.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 22, 2024.
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(END) Dow Jones Newswires
July 22, 2024 17:24 ET (21:24 GMT)
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