Bubble In Micro/Small Cap AI Stocks Index Burst Last Week, Down 15%

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The eight micro/small cap ($50M to $2B) AI & related stocks in the munKNEE Micro/Small Cap AI Stocks Index  were in bubble mode in December going up 18.6%, on average, that month but the bubble began to deflate in January (-4.4%) and that negative trend has continued so far in February, going down 14.8% last week.

The performances of the 8 constituents in the index are ranked below in descending order as to their performances last week, as well as YTD along with their latest news, commentary and/or analysis where available:

  1. Soundhound (SOUN):  up 2.6% last week; up 84.9% YTD
  2. Digimarc (DMRC):  down 6.6% last week; down 0.7% YTD
  3. Verses AI (VRSSF):  down 7.0% last week; down 7.0% YTD
    • VRSSF offers a voice and text-based personal AI assistant designed to learn about its users in order to better organize, manage, and optimize their digital life.
    • latest news, commentary and/or analysis:
  4. Rekor Systems (REKR): down 9.8% last week; down 30.9% YTD
  5. BigBear.ai (BBAI):  down 11.8% last week; down 8.9% YTD
  6. Innodata (INOD):  down 13.7% last week; down 13.1% YTD
  7. Evolv Technologies (EVLV):  down 17.6% last week; down 8.7% YTD
  8. Applied Optoelectronics (AAOI):  down 33.7% last week; down 26.8% YTD 


The above 8 stocks were down 14.8%, on average, last week and are now down 8.3% YTD.

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Disclosure: None

This article has been composed with the exclusive application of the human intelligence (HI) of the author. No artificial intelligence (AI) technology has been deployed. ...

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