Can SoundHound AI Stock Bounce Back After Falling 46% This Year?

Voice-focused artificial intelligence (AI) stock SoundHound AI (NASDAQ: SOUN) has crashed close to 46% this year. While it has still more than doubled in value from where it was a year ago, the excitement around this once-hot AI stock has cooled off significantly.SoundHound AI is growing at a fast rate and it still has loads of potential in AI, especially as businesses look to add efficiency and automate their operations through its smart ordering and dynamic drive-thrus. With a market cap of around $4 billion, this could make for a compelling option for AI investors to consider for their portfolios.What does SoundHound AI need to do for its stock to excite investors again, and is a rally likely to happen anytime soon?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool