What happened

The Motley Fool published an AI-generated article that incorrectly stated analyst revenue expectations for Roadzen’s first quarter of trading were over USD 21 million, implying the Company had missed estimates by over 50 percent. 

Syndicated across Nasdaq.com, AOL, and other widely read platforms, the article flatly contradicted actual analyst consensus forecasts of USD 11.4 million, triggered a 10.2 percent intraday stock price drop. 

The stock rallied by 11.5 percent after Roadzen issued a correction. 

The false financial narrative briefly eroded investor confidence and posed tangible reputational risk to Roadzen. 

Why it happened

The Motely Fool has declined to comment on why the inaccurate AI article was published. 

However, it seems likely that the publication's editorial approval process proved inadequate.