SOUN Stock Is Down 45% YTD. Let's Look at Who Owns It
SoundHound AI (SOUN) stock has fallen 45% year-to-date, with a recent 13% drop over the past five days. Once popular during AI-driven rallies, concerns about growth, valuation, and profitability have emerged. Public companies and individual investors own 61.18% of SoundHound, followed by ETFs, mutual funds, and other institutional investors. The company focuses on voice recognition and natural language processing.
