C3.ai Falls After Short Seller Discloses “Fictional Accounting”

Kerrisdale Capital Management shared on Tuesday the letter it wrote auditing firm Deloitte & Touche, in which the investment management firm aimed to bring about the “highly aggressive accounting” that C3.ai (NYSE: AI) used to inflate its income statement. The letter was part of a larger short report issued by the firm. “Please examine the … Continue reading C3.ai Falls After Short Seller Discloses “Fictional Accounting”