SoundHound AI Stock Skyrockets on Red Lobster Deal – Is SOUN the Next Big AI Winner or Overhyped?
Stock Performance: Riding the AI Wave (and Dips) SoundHound AI’s stock has been on a wild ride in 2024–2025. After an eye-popping 835% surge in 2024 amid AI hype sharewise.com, SOUN stumbled through 2025 with high volatility. By mid-September 2025, the stock was down around 8% year-to-date talkmarkets.com even as the broader market climbed, suggesting investors were taking profits on richly valued AI names. However, momentum returned in late September. On Sept 22, 2025, SOUN spiked 6.5% (on 2× normal volume) to $17.31 stockinvest.us. The next day, Sept 23, it rallied another ~5% to close at $18.25 after news of