C3.ai, Inc. (NYSE:AI) saw a 10.84% drop in stock price after CEO Thomas Siebel announced his resignation due to health reasons, citing significant visual impairment. The company is now on the lookout for a new CEO to lead them to further growth and success. Analysts from Wedbush view this as a potential opportunity for acquisition by other firms, giving C3.ai an “outperform” rating and a price target of $35 per share. Investors are advised to explore other AI stocks with higher return potential and limited downside risk, such as those detailed in a free report on the best short-term AI stock.

Read more at Yahoo Finance: C3 AI (AI) Loses 10.8% as CEO Steps Down