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SoundHound AI Drops 4% as Selling Concentrates in Speculative Software Names; UiPath Falls 3%, C3.ai Dips
Source: 247wallst.com
Technology & InnovationMarket Technicals & FlowsInvestor Sentiment & Positioning
Speculative software stocks led selling Wednesday midday despite a higher broader U.S. equity market. The iShares Expanded Tech-Software Sector ETF (IGV) traded at $105.36 and was down on the session, signaling targeted risk-off positioning in higher-beta software names rather than a broad market selloff.
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