C3.ai (AI) went public on Wednesday, Dec. 9. The company had priced at $42 a share on Tuesday night, but opened for public trading at $100 a share.
Before Tuesday, the company had been estimated to price between $36 to $38.
“Our market-entry strategy has been to establish high-value customer engagements with large global early adopters, or lighthouse customers, in Europe, Asia, and the U.S. across a range of industries,” the company said in its IPO prospectus.
Read the full article here.
