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SoundHound AI (SOUN) has gone from a little-known voice recognition player to one of the hottest names in artificial intelligence (AI). Over the past year, its stock has surged from just $4 to $16, reaching a 52-week high of $24.98, rewarding early investors with a four- to sixfold increase. Backed by the rapid adoption of its conversational AI technology, SoundHound is quickly proving itself to be a real growth engine.
While SOUN stock has dipped 18.9% year-to-date, it has surged 250.8% in the past year.