DJ C3.Ai Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of C3.ai Inc. (AI) slid 1.82% to $32.36 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
The stock's fall snapped a two-day winning streak.
C3.ai Inc. closed $5.94 short of its 52-week high ($38.30), which the company reached on February 29th.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. $(MSFT)$ fell 0.55% to $415.49, Alphabet Inc. Cl C $(GOOG)$ fell 1.25% to $177.33, and Alphabet Inc. Cl A $(GOOGL)$ fell 1.20% to $175.98.
Trading volume (9.0 M) eclipsed its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 17:22 ET (22:22 GMT)
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