Strength Seen in SoundHound AI (SOUN): Can Its 22.5% Jump Turn into More Strength?
SoundHound AI(SOUN) ZACKS·2024-07-11 22:16
SoundHound AI, Inc. (SOUN) shares rallied 22.5% in the last trading session to close at $5.07. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 11% loss over the past four weeks.SoundHound AI is benefiting from the growing demand for its conversational AI platform, owing to the increasing popularity of generative AI and large language models.This company is expected to post quarterly loss of $0.09 per share in ...