Reported 1 day ago
C3 AI (AI) saw a significant loss of 10.84% in share prices, closing at $26, after CEO Thomas Siebel announced his resignation due to health issues. Siebel will step down once a successor is appointed, although he will continue with C3 AI in an advisory role. Analysts consider this change a potential opportunity for acquisition, maintaining an 'outperform' rating with a target price of $35.
Source: YAHOO