SoundHound AI Stock Plummets as Nvidia Walks Away

SoundHound AI Inc (NASDAQ:SOUN) stock is plummeting today, after a regulatory filing showed Nvidia (NVDA) dissolved its stake in the artificial intelligence (AI) voice command platform. SOUN was last seen 23.1% lower at $11.72.Amid today's sharp drop, options traders are piling in. So far, over 111,000 calls and 87,000 puts have traded hands -- five times the usual intraday volume. The most popular contracts are the weekly 2/14 10-strike put and the July 11 call, with positions being opened at both.Bearish ...