Update - Apr. 4, 2023 The short attack is here with Kerrisdale Capital attacking the accounting of C3.ai right after the stock soars into the quarter end. The stock already wasn't as appealing back above $30. The accounting questions appear a stretch, but the company has regularly replaced the CFO in the last 4 years. C3.ai ( NYSE: AI ) fell 12% after Kerrisdale Capital, which released a short report on the company last month, wrote a letter to the company's auditor outlining its concerns. Kerrisdale, run by Sahm Adrangi, sent a letter to Deloitte & Touche, highlighting its concerns with alleged accounting issues at C3.Ai . Update - Apr. 2, 2023 C3.ai had a huge rally to end March likely due to fund managers piling into the stock to report a position at quarter end. The move appears silly but the stock is officially in breakout mode above $30 here. Even SoundHound Ai (SOUN) rallied 40% on Friday. C3.ai ( NYSE: AI ) shares surged by more than 21% Friday as investo
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