SoundHound (SOUN) Aids Restaurant Portfolio With Acquisitions
SOUNSoundHound AI(SOUN) ZACKS·2024-06-24 23:40

SoundHound AI’s (SOUN) shares have surged 88.7% year to date compared with the Zacks Computer and Technology sector’s rise of 24.1%.The upside has been primarily driven by acquisitions and strong performance across SOUN’s key sectors, particularly in AI customer service solutions and automotive voice assistant technologies.SOUN’s acquisition of SYNQ3 bolstered its presence in the restaurant sector, contributing positively to the revenue mix and customer base expansion. The acquisition of SYNQ3 added approxi ...