C3.ai Posts Downbeat Results, Joins GitLab, Salesforce And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
1. C3.ai missed revenue and earnings estimates, prompting a sharp share decline. 2. Company reported $70.26 million revenue, falling short of $94.58 million expectations. 3. Analysts expected a loss of 20 cents per share; actual loss was 37 cents. 4. C3.ai shares fell 10.8% to $14.88 in pre-market trading. 5. Overall U.S. stock futures showed gains, with Nasdaq futures up around 50 points.