Reported 1 day ago
SoundHound AI, Inc. (NASDAQ:SOUN) experienced a significant surge of 26.4% to close at $13.55 after reporting strong earnings and raising its growth outlook. The company narrowed its non-GAAP net loss but saw a significant increase in revenue, jumping 217% to $42.68 million. Following these results, analysts raised the stock's price target and upgraded its rating, anticipating continued growth in the upcoming quarters.
Source: YAHOO