Previous Close | 15.08 |
Open | 15.22 |
Bid | 0.00 x 800 |
Ask | 0.00 x 800 |
Day's Range | 15.09 - 17.72 |
52 Week Range | 10.16 - 27.62 |
Volume | |
Avg. Volume | 1,856,490 |
Market Cap | 1.897B |
Beta (5Y Monthly) | 0.84 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -1.84 |
Earnings Date | Feb 28, 2023 - Mar 06, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 13.63 |
The Nasdaq Composite index, which has a bigger than average share of tech stocks in it, plunged 33% for the year as inflation and interest rates climbed. A look back at the Nasdaq Composite's 51-year history shows that back-to-back losing years are incredibly rare. The broader tech sell-off was brutal for the following five stocks, but if history repeats for the Nasdaq, these five tech stocks could have a great 2023 too.
When C3.ai (NYSE: AI) went public on Dec. 9, 2020, it generated a lot of buzz for three reasons: It was growing rapidly, it was founded and led by tech veteran Tom Siebel (who sold his previous company, Siebel Systems, to Oracle), and it had a catchy ticker symbol. The bulls ditched C3.ai as its valuations peaked, its revenue growth cooled off, and its losses widened. Let's review the three top reasons to buy C3.ai -- as well as three compelling reasons to sell it -- to decide.
Slowing growth and a major business model shift crushed this artificial intelligence stock last year.