The company's share price was down 7.3% as of 11 a.m. ET amid a 1.4% decline for the S&P 500 index and a 1.7% pullback for the Nasdaq Composite index. In conjunction with the report, the yield on 10-year U.

SoundHound AI (NASDAQ:SOUN) fell for the third consecutive day on Wednesday, but the losses accelerated as SOUN stock crumpled 16.4%. The stock is down more than 27% over those three days. More than likely,

SoundHound AI (NASDAQ: SOUN) stock is seeing big sell-offs in Tuesday's trading. The conversational artificial intelligence (AI) company's share price was down 8% as of 11:45 a.m. ET and had been down as much as 11% earlier in the session.