SoundHound AI, a company making smart voice technology, saw its stock price go way up, then way down! It's like a rollercoaster! This teaches us that even exciting companies can have big price swings.
- The stock price rose 150% in one year but then dropped 55% from its highest point.
- SoundHound makes voice AI for cars and other things.
- Experts say the price got too high too fast, which led to a drop.
- The company is still growing and expects to make much more money this year.
Fact | Number |
---|---|
Highest Stock Price Ratio | 110 |
2024 Revenue (in millions) | $85 |
Expected 2025 Revenue (in millions) | $155 - $175 |