C3 AICEO deems the preliminary sales data completely unacceptable.
On Monday morning Eastern Time, the stock price of the enterprise AI company C3 AI plummeted more than 30%. Prior to this, the company's CEO Thomas Siebel stated in a declaration that the sales performance for this quarter was "completely unacceptable." He attributed this performance to the disruptive impact of restructuring and his ongoing health issues.
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