SoundHound AI, Inc. (NASDAQ:SOUN) took a hit, dropping 10.26% to $13.30 per share on Tuesday after a 69% surge month-to-date. Revenue in Q2 soared by 217% to $42.68 million from $13.46 million last year, but GAAP net loss doubled to $74.7 million. Full-year revenue outlook raised to $160 million to $178 million.

Read more at Yahoo Finance.: SoundHound (SOUN) Nosedives on Profit-Taking as Price Up 69% Month-to-Date