Robert Way/iStock Editorial via Getty Images SoundHound Stock Suffered A Steep Plunge SoundHound AI, Inc. (NASDAQ:SOUN) investors who chased its early 2024 rally suffered a hammering in mid-March 2024 as the market pulled back. Given SoundHound's remarkable gains over the past year and its unprofitable business model, I'm not surprised by SOUN stock's bear market decline before bottoming in late April 2024. Accordingly, SOUN fell more than 65% from its March highs toward its recent April lows. As a resu ...