Why SoundHound AI Stock Skyrocketed Today
Shares of SoundHound AI (NASDAQ: SOUN) posted explosive gains in Friday's trading. The conversational and agentic artificial intelligence (AI) specialist's stock closed out the daily session up 26.4% and had been up as much as 32.9% earlier in trading today.
SoundHound AI released its second-quarter results after the market closed yesterday and delivered performance that crushed Wall Street's expectations. Besides sales and earnings beats last quarter, the company issued guidance that has investors feeling bullish.
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Source Fool.com
