Can SoundHound AI Stock Go Parabolic After This Event?
SoundHound AI (NASDAQ: SOUN) was having a terrible time on the stock market so far this year, but all that changed after the company released its fourth-quarter 2024 results on Feb. 27.Shares of the company that's known for providing voice artificial intelligence (AI) solutions to enterprises surged more than 17% the day following its earnings release. The stock's terrific jump was driven by its better-than-expected numbers along with improved guidance for 2025.Let's take a closer look at SoundHound's quarterly report and check if the company's catalysts are strong enough to support a parabolic jump in its stock price.Continue reading
SoundHound AI (NASDAQ: SOUN) was having a terrible time on the stock market so far this year, but all that changed after the company released its fourth-quarter 2024 results on Feb. 27.
Shares of the company that's known for providing voice artificial intelligence (AI) solutions to enterprises surged more than 17% the day following its earnings release. The stock's terrific jump was driven by its better-than-expected numbers along with improved guidance for 2025.
Let's take a closer look at SoundHound's quarterly report and check if the company's catalysts are strong enough to support a parabolic jump in its stock price.
