Shares of C3.ai Inc. AI, +0.74% inched 0.74% higher to $27.26 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.86% rising 0.86% to 5,248.49 and the Dow Jones Industrial Average DJIA, +1.22% rising 1.22% to 39,760.08.
The stock’s rise snapped a four-day losing streak.
C3.ai Inc. closed $21.61 below its 52-week high ($48.87), which the company reached on June 16th.
The stock outperformed some of its competitors Wednesday, as Microsoft Corp. MSFT, -0.05% fell 0.05% to $421.43, Alphabet Inc. Cl C GOOG, +0.16% rose 0.16% to $151.94, and Alphabet Inc. Cl A GOOGL, +0.13% rose 0.13% to $150.87.
Trading volume (3.5 M) remained 4.8 million below its 50-day average volume of 8.3 M.