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Benzinga
Benzinga
Business
Henry Khederian

What's Going On With SoundHound AI (SOUN) Stock Wednesday?

SOUN SoundHound Soundhound AI Inc
SoundHound

Shares of SoundHound AI Inc (NASDAQ:SOUN) are bouncing around Wednesday morning amid an upward trend that has seen the stock gain more than 23% over the last five days and around 50% in the past month. The conversational intelligence company has been lifted by recent strategic agreements that expand its market presence.

What To Know: A partnership with Red Lobster announced Tuesday is the latest catalyst propelling the stock. SoundHound said earlier this week that it will deploy its AI-powered phone ordering agent across all of the seafood chain’s locations, ensuring every call is answered, streamlining the takeout process.

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