C3 AI stock falls 26% as CEO Siebel calls preliminary sales numbers 'completely unacceptable'
The C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024. Shares of the enterprise artificial intelligence company C3 AI closed down nearly 26% on Monday after it announced preliminary financial results and a restructuring of its global sales and services organization. C3 AI said Friday that it expects to report revenue between $70.2 million and $70.4 million for its fiscal first quarter 2026, though those figures are unaudited, preliminary estimates. The c