C3.ai Call Options Surge Amid Bearish Signals

Traders snapped up 126,333 C3.ai call options on Friday, a 122% spike above average volume, signaling unusual bullish bets on the struggling AI software firm. The activity comes despite deeply negative fundamentals. C3.ai missed earnings and revenue estimates, with revenue falling 46.1% year-over-year. Analysts hold a consensus Reduce rating with a $15.87 average price target, while insiders dumped over 1.6 million shares worth $18.5 million last quarter.