SOUN - The 3 Biggest Risks of Owning SoundHound AI Stock
2024-05-23 09:00:00 ET
On the surface, SoundHound AI (NASDAQ: SOUN) looks like a small-cap stock with the promise of growing into a much larger company. Its voice recognition technology has attracted contracts with companies from numerous industries. It also received a significant investment from Nvidia .
Despite such interest, SoundHound stock comes with significant and surprising potential dangers. Investors should assess the following major risks before considering a position in this stock.
SoundHound has attracted a notable client list despite being a small-cap stock. The company provides voice recognition capabilities to companies as diverse as Honda , Netflix , and Mastercard . Moreover, the Nvidia investment likely added to the company's credibility.
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The 3 Biggest Risks of Owning SoundHound AI Stock