SoundHound stock faces challenges after stellar 2024 growth

SoundHound AI (NASDAQ: SOUN) was one of the standout performers in the stock market in 2024, with shares skyrocketing by 836%. At its peak, the stock climbed a remarkable 1,040%, capturing widespread investor attention. However, this surge has come to a halt. Since its December peak, SoundHound AI’s stock has experienced a steep decline, now…