Why SoundHound AI and Serve Robotics Stocks Plunged in February While Super Micro Computer Soared
SoundHound AI (NASDAQ: SOUN), Serve Robotics (NASDAQ: SERV), and Super Micro Computer (NASDAQ: SMCI) have something in common. Their performance in February isn't it, though.It was a rocky month for SoundHound AI and Serve Robotics stocks, which plummeted 23.5% and 45.7%, respectively, according to data provided by S&P Global Market Intelligence. Yet, Super Micro shares soared 45.4%.Another difference is the size of these technology companies. Super Micro Computer is a large-cap company, with a recent market cap of $23 billion. On the other extreme, Serve Robotics' market cap of under $400 million makes it a small-cap stock.Continue reading
SoundHound AI (NASDAQ: SOUN), Serve Robotics (NASDAQ: SERV), and Super Micro Computer (NASDAQ: SMCI) have something in common. Their performance in February isn't it, though.
It was a rocky month for SoundHound AI and Serve Robotics stocks, which plummeted 23.5% and 45.7%, respectively, according to data provided by S&P Global Market Intelligence. Yet, Super Micro shares soared 45.4%.
Another difference is the size of these technology companies. Super Micro Computer is a large-cap company, with a recent market cap of $23 billion. On the other extreme, Serve Robotics' market cap of under $400 million makes it a small-cap stock.
