Where Will SoundHound AI Be in 1 Year?

Voice control expert SoundHound AI (NASDAQ: SOUN) has been a volatile investment recently.The stock soared in February 2024 as Nvidia ( bought a few shares. It cooled down a bit when the artificial intelligence (AI) chip giant didn't follow up with a larger investment or a tight partnership. Then the meme stock community stepped in, driving SoundHound AI's share price skyward in an attempt to cause a lucrative short squeeze.But short-sellers largely held on to their negative bets on the stock, and the broader market's volatility also weighed on these high-priced shares. Today, SoundHound AI is trading 62% below last December's record price.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool