Why SoundHound AI Stock Lost 22% Last Month

Check out why SoundHound AI's stock dropped in June, despite a complete lack of negative news. Is this AI stock a great buy today? Shares of SoundHound AI (SOUN 6.62%) fell 21.8% in June 2024, according to data from S&P Global Market Intelligence. The voice control software specialist had no bad news to share last month, but investors shrugged off a handful of positive developments to drive the stock price lower anyway. The move still makes sense from a certain point of view. In my eyes, however, the price ...