10 Stocks Defy Monday’s Market Optimism

8. SoundHound AI Inc. (NASDAQ:SOUN)

SoundHound AI saw its share prices decrease by 2.51 percent on Monday to end at $10.08 each following news that it was being investigated by a shareholder law firm over allegations that the company may have issued materially misleading business information to the investing public.

The investigation stemmed from a Notification of Late Filing with the Securities and Exchange Commission for its annual report last year due to the complexity of accounting for its prior acquisitions of Synq3 and Amelia Holdings.

The notification furthered that SOUN “has identified material weaknesses in its internal control over financial reporting. These material weaknesses continue to exist as of December 31, 2024.”

SOUN was expected to officially file its annual report by Tuesday, March 18, 2025.

Meanwhile, SOUN is participating in the 2025 NVIDIA GPU Technology Conference (GTC), from March 17-21 in San Jose, California, where it showcases cutting-edge voice AI innovations that are transforming the automotive industry and redefining in-car experiences.