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.
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In SoundHound AI's conference call, management made the bold projection that its revenue would double in 2025. Additionally, ...
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