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SoundHound (SOUN) stock has had a turbulent 2025 so far. Following a stellar rally in 2024, SOUN stock has plunged over 47% since the start of this year, wiping out much of its earlier gains.
The significant correction in SOUN stock reflects concerns over its stretched valuations. After soaring significantly, the stock became vulnerable to broader market headwinds, including fears of a slowing economy. These macroeconomic pressures have only intensified the selling pressure, contributing to the stock’s significant correction.