C3.ai (NYSE: AI) shares fell in pre-market trading following a short-sell call by Spruce Point Capital.
The report entitled “Real Intelligence: Sell C3.ai” outlines why the short-selling firm believes shares face “up to 40% to 50% downside risk” to $12.85-$15.40 per share.
The firm sees risk from concentration as Baker Hughes Co (NASDAQ: BKR) is C3.ai’s largest …
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