C3.ai Stock Tumbles 30%. Why It Could Get Worse After ‘Catastrophic’ Earnings. - Barron's
1. C3.ai's quarterly results missed expectations by 33% with $70.3 million revenue. 2. The stock plummeted 31% and has dropped 36% this year. 3. Analyst views results as catastrophic and downgraded the stock to Underperform. 4. Leadership changes may disrupt business trends and sales further. 5. C3.ai's merger potential is unlikely until financial stability is demonstrated.