Reported 16 days ago
C3.ai shares faced volatility after CEO Thomas Siebel declared the sale of 12.78 million shares, overshadowing strong quarterly results. Despite a narrower loss than expected and a revenue increase of 29%, the announcement resulted in fluctuating trading. C3.ai highlighted its partnership with Microsoft as a significant growth driver, raising full-year revenue guidance while also adjusting expected operational losses.
Source: YAHOO