C3.ai shares are trading lower after the company said it does not expect to be profitable in Q4.
Portfolio Pulse from Benzinga Newsdesk
C3.ai has announced that it does not expect to be profitable in Q4, leading to a decrease in its share price.
September 07, 2023 | 12:54 pm
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NEGATIVE IMPACT
C3.ai's announcement of expected unprofitability in Q4 has negatively impacted its stock price.
C3.ai's announcement of not expecting to be profitable in Q4 is a negative signal to investors, leading to a decrease in demand for its shares and thus a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100