Don’t worry about the drop.
$SoundHound AI(SOUN.US$ this drop has nothing to do with how soundhound is doing. its just retailers who bought months ago who were suffering losses and now are either breaking even or selling for a slight profit. Soundhound released great news which drove up the price. trully if you wait till earnings report in August 7 you see much more profits. Even better if you hold until the following earnings report. Soundhound just paid off all their debt. this may not show in this upcoming earnings report since it was done fairly recent but Q4 earnings report will shock the world.
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dimmak : yes, the drop is due to the massive sell off after JP meeting this morning even if the news was positive! Market will recover very soon :)