What's Going On With C3.Ai Stock?

C3.Ai, Inc. AI shares are trading higher Tuesday, though the stock remains down nearly 5% over the last month. 

What To Know:

C3.Ai shares are trading higher along with the broader market amid a drop in the yields on Tuesday. 

Last Tuesday, C3.Ai announced a new partnership with ESG Book, a provider of sustainability data, to provide sustainability teams with data-driven analytical capabilities.

Shares of AI have grabbed the attention of retail investors and short-sellers alike. The stock is currently one of the top trending stocks on WallStreetBets and Stocktwits.

C3.Ai shares also have outsized short interest with 42.75% of available shares being sold short, according to data from Benzinga Pro.

AI shares have a 52-week range of $10.16 to $48.87 and are trading below the stock's 50-day moving average of $29.99. 

Related News: What's Going On With Lucid Group Stock?

AI Price Action: According to Benzinga Pro, C3.Ai shares are up more than 8% at $26.72 at the time of publication.

Image: Alexandra Koch from Pixabay

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsMoverswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!