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Why C3.ai Stock Was Bouncing Back Today

TheMotleyFool

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Why C3.ai Stock Was Bouncing Back Today: https://g.foolcdn.com/editorial/images/727393/artificial-intelligence.jpg

After a two-day slide following an attack from short-seller Kerrisdale Capital, C3.ai (NYSE: AI) shares were rebounding today as CEO Thomas Siebel took the airwaves to defend the company and brush off allegations that the company's accounting was misleading.

As of 12:24 p.m. ET, the stock was up 10.8% on the news.

Image source: Getty Images.

Source Fool.com

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