From Nasdaq:

C3.ai (NYSE: AI) stock experienced significant sell-offs on the last trading day of 2023, closing the day down 5%. The broader market also took a hit, with the S&P 500 and Nasdaq Composite indexes closing down. This selling could be due to tax purposes, with investors selling stocks. C3.ai stock had a strong 2023, gaining 156.9% and continues to be a risky bet at a forward PS ratio of 9.4. The company is still posting losses and needs sales growth and margins to improve to justify its valuation. This makes C3.ai stock a risky investment.



Read more: C3.ai Stock Fell on 2023’s Final Trading Day: Is It Time to Buy?