C3.ai Stock Analysis: Short Squeeze Opportunity or AI Stock to Avoid?

By Parkev Tatevosian, CFA – Oct 20, 2023 at 5:15AM

NYSE: AI

C3.ai

Market Cap

$3B

Today's Change

(1.31%) $0.30

Current Price

$23.13

Price as of April 29, 2024, 1:45 p.m. ET

C3.ai responded to allegations by short sellers that could have enormous implications for investors.

Fool.com contributor Parkev Tatevosian evaluates the response from C3.ai (AI 1.31%) management and gives his opinion on the short sellers' comments and the prospects for a short squeeze.

*Stock prices used were the afternoon prices of Oct. 17, 2023. The video was published on Oct. 19, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends C3.ai. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.