C3.Ai Inc AI shares are falling Thursday after the company announced a planned CEO transition.
What To Know: C3.ai said it initiated a search for a new CEO to replace Thomas Siebel, who is battling health issues. The search will be led by a search firm that will report to a committee of C3.ai management and board members.
“After being diagnosed with an autoimmune disease in early 2025, I have experienced significant visual impairment,” Siebel said.
“For C3 AI to reach its full potential – which I believe is spectacular – the board and I have initiated a search for a new CEO who can take the company to the next level of growth and success.”
Siebel will remain CEO until a successor is appointed. He plans to continue in his role as executive chairman after a replacement is named. Siebel will focus on strategy, product innovation and partner and customer relationships.
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How To Buy AI Stock
By now you’re likely curious about how to participate in the market for C3.ai – be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.
If you’re looking to bet against a company, the process is more complex. You’ll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.
AI Price Action: C3.ai shares were down 8.9% at $26.55 at the time of publication Thursday, according to Benzinga Pro.
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