SoundHound AI Stock Skyrockets, Plummets Amid Hype and Skepticism
Summary
SoundHound AI stock soars nearly 400% in late 2024 on voice AI hype and Amelia acquisition, but plunges 44% in 2025 as Nvidia exits and skeptics like Stone Fox Capital label it 'Strong Sell' citing inflated growth and valuation.
Key Points
- SoundHound AI stock surges nearly 400% in late 2024 on enthusiasm for its voice AI technology and acquisition of Amelia
- Shares tumble 44% year-to-date in 2025 as investors lock in gains and Nvidia exits its position
- Top investor Stone Fox Capital rates SoundHound AI stock a 'Strong Sell', citing misleading growth driven by acquisitions and premium valuation