What's Going On With SoundHound AI Stock?

benzinga_article
2024.02.27 14:40
portai
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SoundHound shares surged 46.7% amid speculation of involvement in a new collaborative initiative integrating AI into cellular technology. Traders are bidding up the stock following the announcement, and it is trending on social platforms. SoundHound will report its Q4 financial results this week, with expectations of a loss and revenue of $17.746 million. The stock rallied after Nvidia's quarterly results and investment in SoundHound. Current stock price is $7.15, up 24.3%.