Stock-Split Watch: Is SoundHound AI Next?
No sector has been hotter over the past few years than artificial intelligence (AI). The juggernauts in the space like Nvidia and Palantir get the most attention, but other companies are also trying to tap into that same investor enthusiasm. One that has largely succeeded is the AI voice platform SoundHound AI (NASDAQ: SOUN). Its stock has experienced extreme volatility, but overall, it has had a nice run over the last year.
Volatile stocks can be more prone to do stock splits, depending on their price levels. Is SoundHound AI next?
Before we dive into whether SoundHound AI is the next stock split, investors need to understand what a stock split is and why a company may choose to do one.
Source Fool.com
