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Is SoundHound AI Stock a Buy?

TheMotleyFool

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Five months ago, SoundHound AI (NASDAQ: SOUN) was easing out of a supercharged meme stock surge. Shares traded at roughly $8 by the end of March, down from an unsustainable 52-week high of nearly $25. For a while, it was easy to recommend investing in this exciting company.

But things have changed. SoundHound AI's stock took off in recent months thanks to two stellar earnings reports and several big wins. As of Sept. 24, the stock had gained 107% since March 31 and 57% from June 30.

Image source: Getty Images.

Source Fool.com

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