Why C3.ai Stock Was Moving Higher This Week
Shares of C3.ai (NYSE: AI) were gaining this week as a number of factors seemed to drive shares of the Enterprise AI platform higher.
Those included tailwinds after last week's better-than-expected preliminary earnings report and the conclusion of its investigation into a short-seller report. The company also launched its new generative AI product suite, and the stock got a boost after Nvidia gave blowout guidance in its earnings report on Wednesday.
As of Thursday at 3:16 p.m. ET, the stock was up 11.2% for the week, according to data provided by S&P Global Market Intelligence.
Source Fool.com
