Why Shares of SoundHound AI Are Soaring Today
Shares of the voice-powered artificial intelligence (AI) company SoundHound AI (NASDAQ: SOUN) traded nearly 13% higher as of 11:18 a.m. ET today. Analysts at Piper Sandler initiated coverage of the stock Tuesday morning with an overweight rating.
Piper Sandler analyst James Fish wrote in his initiation note that SoundHound, which provides advanced AI voice assistants, is a great way to play the AI trade, and the company has just begun to tap into its potential.
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Source Fool.com
