Why SoundHound Stock Is Sinking Today

Shares of SoundHound (SOUN -8.62%) are trading lower on Tuesday. The company's stock had lost 12.2% as of 11:30 a.m. ET, but had been down as much as 13.6% earlier in the day. This comes as the S&P 500 had slipped 1.8% and the Nasdaq Composite had lost 1.6%.The company, which develops artificial intelligence-powered voice solutions, delayed the filing of its annual report with the Securities and Exchange Commission (SEC), and this upset investors.SoundHound will delay its 10-KThe company said in an SEC fili ...