Short seller's allegations cause C3.ai stock to plummet.
TL;DR Summary
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.
- C3.ai Stock Swoons as Short Seller Alleges Accounting Issues Barron's
- C3.ai Plunges 26% On Kerrisdale Capital's Letter To Auditor Investor's Business Daily
- C3.ai Plunges After Short-Seller Alleges Accounting Issues Yahoo Finance
- C3.ai’s stock dives 26% on short seller’s accounting allegations MarketWatch
- C3.ai stock falls after short report alleges 'serious' accounting issues Markets Insider
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