SoundHound AI Plummeted Today -- Is Now the Time to Buy the Stock?

SoundHound AI (NASDAQ: SOUN) stock saw a big valuation retreat Monday. The company's share price sank 8.5% in a daily trading session that saw the S&P 500 (SNPINDEX: ^GSPC) fall 0.5% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) decline 1.2%. The conversational artificial intelligence (AI) specialist's stock had been off as much as 11.9% earlier in the session.AI stocks with growth-dependent valuations got hit hard in Monday's trading as investors moved to reduce their exposure in case Nvidia reports disappointing fourth-quarter results on Wednesday. SoundHound AI's valuation was also pushed after reports suggesting Microsoft won't be moving ahead with some of its data center expansion plans raised concerns about the broader growth outlook for AI plays.SoundHound AI has been highly volatile over the last year. While the company's share price is still up roughly 141% over the last 12 months, the stock has fallen roughly 52.5% across 2025's trading. Given the market-shaping potential of Nvidia's upcoming Q4 report on Wednesday and the arrival of SoundHound's own Q4 report the next day, shares are seemingly poised for more big moves this week.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool