Why Tempus AI Stock Plummeted This Week
Extending the more-than-4% slide that they experienced last week, shares of Tempus AI (NASDAQ: TEM) have suffered an even more precipitous decline this week. According to data provided by S&P Global Market Intelligence, the healthcare-oriented artificial intelligence (AI) stock had fallen 13.2% from the end of last Friday's trading session through the market's close on Thursday.The stock's decline can be singularly attributed to a critical report of the company that a short-seller provided on Wednesday.Image source: Getty Images.Continue reading
Extending the more-than-4% slide that they experienced last week, shares of Tempus AI (NASDAQ: TEM) have suffered an even more precipitous decline this week. According to data provided by S&P Global Market Intelligence, the healthcare-oriented artificial intelligence (AI) stock had fallen 13.2% from the end of last Friday's trading session through the market's close on Thursday.
The stock's decline can be singularly attributed to a critical report of the company that a short-seller provided on Wednesday.
Image source: Getty Images.
