Why SoundHound AI Stock Took it on the Chin Today

Audio-focused artificial intelligence (AI) model developer SoundHound AI (NASDAQ: SOUN) wasn't producing a good sensation in investor ears on Thursday. News of a major change in the company's C-Suite prompted them to sell the stock, and it ended the day down nearly 7%. Heading toward the out door Just after market close on Wednesday, SoundHound AI announced that CFO Nitesh Sharan is stepping down from his position and leaving the company. The move, effective Friday, April 3, is due to Sharan taking up wh ...