NASDAQ:SOUN - Nasdaq - US8361001071 - Common Stock - Currency: USD
Few stocks have been on a run like SoundHound AI (NASDAQ: SOUN) has over the past year. On the one hand, the adoption of its software seems practically unstoppable, and SoundHound is projected to double its revenue in 2025. There are many situations where having the ability to simply speak to an AI would be far superior, which is why SoundHound AI's stock has gotten a lot of attention.
The base prospectus covers the issuance of up to $500 million of the company’s Class A shares, including the $250 million at-the-market program, and other instruments.
Stocks surged higher as investors reacted positively to dovish tariff news; next week will be highlighted by the Federal Reserve meeting and some tech earnings
What a time it’s been for SoundHound AI. In the past six months alone, the company’s stock price has increased by a massive 264%, reaching $16.56 per share. This performance may have investors wondering how to approach the situation.
Is SoundHound AI worth your investment dollars today? See why you might be better off buying a pair of lower-priced growth stocks in January.