Massive News for SoundHound AI Stock Investors

By Parkev Tatevosian, CFA – Jun 12, 2024 at 4:15AM

NASDAQ: SOUN

SoundHound AI

Market Cap

$4B

Today's Change

(6.71%) $0.64

Current Price

$10.11

Price as of June 6, 2025, 3:58 p.m. ET

SoundHound AI capitalized on a financing opportunity that should boost profitability soon.

Fool.com contributor Parkev Tatevosian elaborates on the decision and what it could mean for SoundHound AI (SOUN 6.71%) stock investors.

*Stock prices used were the afternoon prices of June 9, 2024. The video was published on June 11, 2024.

Parkev Tatevosian, CFA 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.

Parkev Tatevosian 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.

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