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SoundHound AI (NASDAQ: SOUN) stock is on a roller-coaster ride so far in 2024, rising tremendously in the first three months to hit a 52-week high in mid-March, but has since lost 45% of its value
Image source: Getty Images. Strong financial momentum. In the third quarter (for the period ended Sept. 30), SoundHound AI posted revenue of $25.1 million, an 89% year-over-year increase.
SoundHound AI has two of the most important factors that give a stock multi-bagger potential: small size (with a market cap of $2.9 billion) and a huge addressable market.
Shares of artificial intelligence (AI) company SoundHound AI (NASDAQ: SOUN) are down 8% in the past six months as excitement has cooled around the stock. Although the voice AI company is growing ...
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In time series analysis, a fan chart is a chart that joins a simple line chart for observed past data, by showing ranges for possible values of future data together with a line showing a central estimate or most likely value for the future outcomes. As predictions become increasingly uncertain the further into the future one goes, these ...
The flag and pennant patterns are commonly found patterns in the price charts of financially traded assets (stocks, bonds, futures, etc.). [1] The patterns are characterized by a clear direction of the price trend, followed by a consolidation and rangebound movement, which is then followed by a resumption of the trend. [2]
As a result, the stock could continue to record serious gains, and investors may want to keep this stock on their radar heading into 2025. Prediction: SoundHound AI Stock Will Soar in 2025 Skip to ...