3 AI stocks (Snowflake, Super Micro, SoundHound) dropped over 50% from 52-week highs, with potential investment opportunities amid scrutiny, losses, and competition.
Three AI stocks—Snowflake, Super Micro Computer, and SoundHound AI—have dropped over 50% from their 52-week highs, potentially offering bargain opportunities for investors. Super Micro faces scrutiny over accounting practices despite sales growth. Snowflake struggles with losses amid a CEO departure and data breach. SoundHound contends with fierce competition and high valuation. Each stock presents risks that must be carefully weighed before investing.
September 22, 2024
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