C3.ai (AI) stock drops as short seller Kerrisdale Capital released a short report last month. Jeff Pierce joins Alex Coffey and Jenny Horne to discuss AI. He talks about how Kerrisdale Capital sent a letter to AI's auditor, Deloitte, to document "serious accounting issues." They allege aggressive accounting to inflate the income statement to meet analyst estimates and conceal significant deterioration in underlying operations. Jeff talks about how it's difficult for investors to make sense of these reports when they come out. Tune in to find out more about the stock market today.
04 Apr 2023
The Watch List
04 Apr 2023
Next Gen Investing
31 May 2023
Next Gen Investing
26 May 2023
Morning Trade Live
01 Jun 2023
The Watch List
09 May 2023
Market On Close
23 May 2023