C3.ai plunges 26% after short-seller says the buzzy AI company has 'serious accounting and disclosure issues'
Kerrisdale Capital in a letter on Tuesday said the AI company has inflated metrics to hide a decline in underlying business activity.
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C3.ai plummeted 26% on Tuesday after a short seller alleged serious accounting issues.
Kerrisdale Capital said in a letter that C3.ai has inflated metrics to meet analyst estimates.
"The American public markets have no place for deceitful accounting,"...
C3.ai plummeted 26% on Tuesday after a short seller alleged serious accounting issues.
Kerrisdale Capital said in a letter that C3.ai has inflated metrics to meet analyst estimates.
"The American public markets have no place for deceitful accounting,"...
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