SoundHound AI (NASDAQ: SOUN) stock is seeing a significant pullback in Friday's trading. The company's share price was down 7.3% as of 11 a.m. ET amid a 1.4% decline for the S&P 500 index and a 1.7% pullback for the Nasdaq Composite index.

SoundHound AI (NASDAQ:SOUN) fell for the third consecutive day on Wednesday, but the losses accelerated as SOUN stock crumpled 16.4%. The stock is down more than 27% over those three days. More than likely,

Shares of SoundHound AI (SOUN) surged around 836% in 2024. The voice artificial intelligence (AI) technology leader benefitted from rising demand for its offerings and significant growth opportunities across key verticals such as automotive,

The rapidly growing artificial intelligence (AI) market fueled a surge in the price of many AI-focused stocks. One of these is SoundHound AI (NASDAQ: SOUN). Over the past 12 months, its stock skyrocketed an eye-popping 848% through Jan.