Down 51% From Its 52-Week High, Is Now the Time to Buy SoundHound AI Stock?
SoundHound AI (NASDAQ: SOUN) has emerged as a leader in conversational artificial intelligence (AI) with a technology platform empowering various speech-enabled applications.
Strong growth has propelled the stock to more than double in value over the past year. At the same time, shares are also down 51% from their 52-week high as the market assesses the company's long-term financial potential.
While this type of volatility warrants some caution, the recent sell-off can offer an opportunity for investors to pick up discounted shares of a company that has significant potential. Is now the time to buy SoundHound AI stock?
Source Fool.com