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Why Did C3.ai Stock Fall 15% in December?

Why Did C3.ai Stock Fall 15% in December?

C3.ai (NYSE: AI) shares fell 15.4% in December following a disappointing earnings announcement. The company reported quarterly results on Dec. 1 and beat Wall Street's estimates for both sales and net losses. The sell-off in high-valuation growth stocks thwarted C3.ai's recovery later in the month.