Hi,
I have been looking at small AI companies via finviz fundamental screener.
I am looking at the chart of CERENCE. Cerence is a market leaders in AI and voice technology which is utilised within Automobile industry. They have been operating for more than 20+ years and their technology is currently used by some of the biggest automobiles companies such as BMW, JAGUAR, FORD, GMC ETC.
I looked at the chart, and it seems their stock value keeps going down sharply. Could anyone who is familiar with company/sector expalain why their stock value went down this much?.
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