C3.AI in Talks to Merge with Software Company Automation Anywhere, The Information Reports

Why C3.ai Stock Popped Today

Key PointsMedia reports suggest C3.ai intends to merge with Automation Anywhere.The rumors are not confirmed and C3 doesn't look attractive if the merger does not happen.10 stocks we like better than C3.ai › C3.ai (NYSE: AI) stock jumped 2.1% through 9:50 a.m. ET Wednesday after The Information and other media outlets reported the artificial intelligence app maker is in merger talks with privately held AI company Automation Anywhere (AA). Image …

C3.AI in talks to merge with software company Automation Anywhere, The Information reports

C3.AI Stock Is Surging Wednesday: What's Driving The Action? - C3.ai (NYSE:AI)

C3.ai Inc (NYSE:AI) shares are trading higher Wednesday morning as the company is reportedly in discussions to merge with Automation Anywhere. Here’s what investors need to know. C3.ai stock is trading at depressed levels. What’s next for AI stock? What's Behind The Surge? Wednesday’s surge follows news that if the deal goes through, Automation Anywhere would acquire C3.ai and go public, reflecting strong interest in the enterprise AI sector. T…

C3.ai stock soars on merger news but a takeover is unlikely to rescue it

C3.ai Inc (NYSE: AI) opened about 15% higher today following reports the artificial intelligence firm may soon merge with the privately held “Automation Anywhere”. Retail investors seem to be believe this deal may prove a turnaround for C3.ai, which has struggled with declining revenue that’s cut its valuation in half over the past year. Despite today’s rally, C3.ai stock remains down nearly 60% versus its 52-week high. Why Automation Anywhere’s…