SoundHound AI Inc. (SOUN) dropped 11.99% due to trade war and facing class action lawsuit.

From Yahoo Finance: 2025-04-05 02:49:00

On Friday, the stock market took a hit due to a growing trade war, with China imposing a 34% tariff on US goods in response to President Trump’s tariffs. The S&P 500, Nasdaq, and Dow Jones all saw significant losses. SoundHound AI Inc. (SOUN) was among the worst performers, dropping 11.99% in intra-day trading. The company is facing a class action lawsuit for allegedly providing false information and delaying financial reports. SOUN ranks 8th on the list of worst performing stocks, prompting investors to explore other AI stocks with potential for higher returns.



Read more at Yahoo Finance: Why SoundHound AI Inc. (SOUN) Performed Worst On Friday?