SoundHound AI (SOUN) Sees Active Morning Trade: Stock Navigates Early Dip to Settle Around $10.80
Date: May 29 – Shares of voice AI and speech recognition company SoundHound AI Inc. (NASDAQ: SOUN – assuming ticker, actual ticker not provided in image but common for SoundHound AI) are experiencing a dynamic trading session this morning.
As of 9:47 am GMT-4, SoundHound AI stock is priced at $10.80 USD. This reflects a modest decrease of $0.17, or 1.55%, from the previous day’s close.
The trading day for SOUN began with an opening price of $11.36, notably higher than the previous close of $10.97. The stock even briefly climbed to a daily high of $11.59 shortly after the market opened, signaling early investor interest.
However, the momentum shifted, leading to a pullback where the stock touched a low of $10.69. Since then, the price has shown resilience, recovering slightly to hover around the $10.80 mark.
Key market data for SoundHound AI currently shows:
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Open: $11.36
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High (Today): $11.59
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Low (Today): $10.69
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Previous Close: $10.97
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Market Cap: 465.21Cr
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52-Week High: $24.98
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52-Week Low: $3.82
The P/E ratio and dividend yield are not currently listed. The 52-week range highlights significant price volatility over the past year, with the current price sitting well off its highs but considerably above its lows.
Investors and market analysts will be watching SoundHound AI’s performance throughout the remainder of the trading day to see if it can regain further ground or if the current level will form a new support. The activity underscores the ongoing interest and sometimes volatile nature of stocks in the rapidly evolving AI sector.
