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The stock has more than doubled in value this year. However, with a market cap of just $1.7 billion, there could still be a lot of upside for investors if its business continues to grow and ...
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.
The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available information and any price changes that are not based on newly revealed information thus are inherently unpredictable. Others disagree and those with this viewpoint possess ...
English: Gray, blue, red, green, light green, black graph papers with 1 cm–0.5 cm–1 mm grids (page size: A4) in printable PDF format. Date 25 July 2013, 18:04:17
The company also raised its full-year sales guidance for 2024 and 2025. It now expects sales for last year to come in between $82 million and $85 million, and it anticipates revenue between $155 ...