C3.ai logs slimmer loss than expected, and its stock pops
C3.ai Inc. shares were popping in late trading Wednesday after the company, which makes enterprise artificial-intelligence software, showed that it lost less money than expected in the most recent quarter. The company reported a fiscal third-quarter net loss of $73 million, or 60 cents a share, whereas it posted a loss of $63.2 million, or 57 cents a share, in the year-before period. On an adjusted basis, C3.ai AI, -1.36%lost 13 cents a share, while analysts were modeling an adjusted loss of 28
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