Angelica Ballesteros
Mon, Jun 2, 2025, 11:59 PM 1 min read
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We recently published a list of These 10 Stocks Already Sank in June. In this article, we are going to take a look at where C3.ai, Inc. (NYSE:AI) stands against other worst performers on Monday.
C3 AI dropped its share prices by 6.09 percent on Monday to end at $24.97 apiece as investor confidence was rattled by a series of sell positions triggered by four company executives.
In a regulatory filing, C3.ai, Inc. (NYSE:AI) said that its chief finance officer Lath Hitesh, two directors, and a vice president, sold a notable portion of their stakes in the company on May 29 and June 2.
A computer engineer debugging a complex AI application on a powerful workstation.
Hitesh, for his part, disposed of 4,368 shares on May 29 at a price of $26.32 and $30, bringing his direct ownership in the company to just 250 shares.
Investors took the sell-offs negatively, especially given the lack of specific reason for the transaction.
In the fourth quarter of fiscal year 2025, C3.ai, Inc. (NYSE:AI) widened its net loss by 9 percent to $79.7 million from $72.9 million registered in the same period last year. Revenues increased by 25 percent to $108.7 million from $86.59 million.
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Disclosure: None. This article is originally published at Insider Monkey.