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C3.ai’s Earnings Were Mixed and Guidance Missed Estimates. The Stock Is Sliding.

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Updated Dec 06, 2023, 5:30 pm EST / Original Dec 06, 2023, 1:30 am EST

C3.ai shares were heading lower in late trading Wednesday, after the provider of enterprise generative artificial intelligence

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software posted mixed financial results for the October quarter—while issuing January quarter guidance that fell shy of Street estimates.

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