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Why Did C3.ai Stock Crash on Tuesday? Is the Hype Over?

TheMotleyFool

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Why Did C3.ai Stock Crash on Tuesday? Is the Hype Over?: https://g.foolcdn.com/editorial/images/727135/c3-ai.png

In this video, I will explain why C3.ai (NYSE: AI) crashed 26% on Tuesday. Like Hindenburg's short report of Block, C3.ai got one from Kerrisdale and accused the company of accounting irregularities. Despite all this, the stock is still up 120% year to date, but many will say that it is because of the recent hype surrounding ChatGPT and less about the company's financials.

*Stock prices used were from the trading day of April 4, 2023. The video was published on April 4, 2023.

Source Fool.com

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