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Stock Track | SoundHound AI Plummets 5% as Analysts Warn of Overvaluation Amid Profitability Concerns

SoundHound AI Inc stock plummeted 5.17% in the pre-market session on Wednesday, underperforming the broader market. The decline comes as analysts express concerns over the company's lack of profitability and high valuation despite strong revenue growth.According to the company's latest earnings report, SoundHound AI's third-quarter revenue surged 89% year-over-year to $25.1 million, driven by growing demand for its voice AI solutions. However, the company's operating losses also spiked 132% to
Stock Track | SoundHound AI Plummets 5% as Analysts Warn of Overvaluation Amid Profitability Concerns

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