Why Did SoundHound AI Stock Crash After Earnings?

By Neil Rozenbaum – Feb 29, 2024 at 5:49PM

NASDAQ: SOUN

SoundHound AI

Market Cap

$1B

Today's Change

(5.77%) $0.24

Current Price

$4.40

Price as of April 26, 2024, 4:00 p.m. ET

SoundHound AI stock is up over 200% in 2024 already. Is the hype over?

In this video, I will go over SoundHound AI's (SOUN 5.77%) latest earning report and explain why the stock is down 10% after hours.

*Stock prices used were from the trading day of Feb. 29, 2024. The video was published on Feb. 29, 2024.

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.