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Why SoundHound AI Stock Skyrocketed 835.8% in 2024 but Is Plummeting in 2025
SoundHound AI (NASDAQ: SOUN) stock was one of the market's biggest winners in 2024. The company's share price skyrocketed 835.8% across last year's trading, according to data from S&P Global Market Intelligence.
Why SoundHound AI Stock Is Crashing Today
The company's share price was down 14.4% at 11:15 a.m. ET amid a 0.1% decline for the S&P 500 index and a 0.3% pullback for the Nasdaq Composite index. The conversational artificial intelligence (AI) specialist's share price had been down as much as 17% earlier in the day's trading.
Down Over 30% YTD, Is SoundHound Stock a Buy?
Shares of voice artificial intelligence (AI) solutions provider SoundHound AI (SOUN) have dropped 30% in the year-to-date. Further, SOUN stock has lost 48.8% of its value from its 52-week high of $24.
Why SoundHound AI Stock Is Jumping Today
Tomorrow, the BLS will publish its Consumer Price Index (CPI) report -- and the related read on inflation will likely spur big movement for stocks again. CPI reports have recently been even bigger market movers than the PPI reports, and investors will be looking to the report to weigh the macroeconomic backdrop for growth stocks.
22h
SoundHound vs. GitLab: Better Mid-Cap AI Stock Investment for 2025
From a valuation standpoint, GitLab is the much cheaper stock, trading at a price-to-sales (P/S) multiple of 9.9 times 2025 ...
13d
SoundHound: Revenue Growth Masks Underlying Concerns - Time To Take Profits
SoundHound's lack of cash flow and profitability will likely make the stock price volatile. Click here to see why SOUN stock ...
17d
SoundHound AI: Buy or Sell in 2025?
Although Nvidia invested a mere $3.7 million in voice-AI start-up SoundHound AI (NASDAQ: SOUN) about a year ago, that ...
8d
SoundHound AI Shares Drop Amid Sector Weakness: What's Going On
SoundHound AI, Inc. (NASDAQ: SOUN) shares are trading lower Tuesday as the broader tech sector declined. The drop followed ...
3d
SoundHound AI Stock Exhibits The Market's Blind Enthusiasm For Sky-High Valuations
Despite unique voice AI technology, fierce competition and operational dilution weaken SoundHound AI's long-term growth case.
6d
on MSN
Why SoundHound AI Stock Is Getting Crushed This Week
SoundHound AI (NASDAQ: SOUN) stock is seeing dramatic sell-offs in this week's trading. The company's share price is down ...
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