Short seller's allegations cause C3.ai stock to plummet.

1 min read
Source: Barron's
Short seller's allegations cause C3.ai stock to plummet.
Photo: Barron's
TL;DR

C3.ai's stock price dropped after short seller Kerrisdale Capital alleged accounting issues. Kerrisdale Capital accused the AI software company of inflating its revenue and misleading investors. C3.ai denied the allegations and stated that it stands by its financial statements.

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