Jim Cramer on SoundHound AI: “This Is One of Those Companies That Is a Meme Stock”

SoundHound AI, Inc. (NASDAQ:SOUN) is one of the stocks Jim Cramer answered questions about. A caller sought Cramer’s opinion on the stock, and here’s what he had to say: I’ve been watching this thing go south. You know, everyone got all excited because Jensen had a position in this. It’s kind of like that Recursion. But you know he, I don’t see him as a big shareholder anymore. And I’ve gotta tell you, this is one of those companies that is a meme stock, and meme stocks that are losing money are ixnayed. ...