Why SoundHound AI Stock Plummeted Today
SoundHound AI(SOUN) The Motley Fool·2024-07-19 07:31
SoundHound AI stock is still up 136% in 2024 despite a big pullback. What comes next?SoundHound AI (SOUN -8.93%) stock saw big sell-offs Thursday. The company's share price ended the daily session down 8.9%, according to data from S&P Global Market Intelligence.While there wasn't any business-specific news behind the big valuation pullback, SoundHound's valuation slipped in conjunction with an uptick in bearish sentiment that rocked the broader market and hit the tech sector particularly hard. Advanced semi ...