SoundHound AI Stock Just Jumped. Monday May Tell If The Rally Has Legs
SoundHound AI Inc closed out a holiday-shortened week with a sharp move higher, rising 5.14% on Friday to $9.00 and finishing just over 10% above its May 22 close. Volume rose to about 40.6 million shares, well above the levels seen earlier in the week. The timing matters. U.S. stock trading is shut on Sunday, and Nasdaq’s regular session runs Monday through Friday from 9:30 a.m. to 4:00 p.m. Eastern time. The prior week was also shortened by the Memorial Day closure on May 25, leaving traders four sessions to reset positions before Monday’s open.