SoundHound AI: Not Impressed By Amelia Deal
SoundHound AI(SOUN) Seeking Alpha·2024-08-10 02:47
Vertigo3d SoundHound AI, Inc. (NASDAQ:SOUN) has risen again, but not as high as the recent AI hype highs. The AI voice company has a promising fiture, but the business just doesn't ever scale fast enough in the dynamic Al market. My investment thesis is Neutral on the stock around $5 with another deal likely to boost revenues, but not help with the key organic growth. finviz Fri AUG 09 2024 12:40 PM ET SOUN DAILY -0.20 (3.93%) 11.00 Aug 9 0 5.10 SMA 2 10.00 SMA 50 SMA 200 9.00 8.00 7.00 6.00 5.01 4.00 3.00 ...