Down 60% From Its 52-Week High, Is SoundHound AI a Buy Right Now?

Trading volumes are down significantly A good way to gauge the level of interest in a stock is to look at its trading volumes to see how many shares are changing hands each day. At its peak, over 300 hundred million shares of SoundHound traded in a single day. Nowadays, however, that has drastically declined, closer to where the stock was before all the Nvidia-fueled hype. SoundHound, however, is still in an early growth stage. Although its sales rose more than 70% year over year in Q1, the business is unpr ...