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Why SoundHound AI Stock Lost 29% in January
SOUNSoundHound AI(SOUN) The Motley Fool·2025-02-05 19:03

SoundHound AI (SOUN 2.03%) has been one of the most volatile stocks of the artificial intelligence (AI) era, and that pattern continued in January.In a rough month for AI stocks, SoundHound, which provides AI voice technology for carmakers, restaurant chains, and others, finished on the losing side, but it wasn't Chinese AI start-up DeepSeek that spoiled the month.The stock's slide came predominantly during the week of CES, which took place Jan. 7 through 11, as some of its competitors made some important s ...