Why SoundHound AI Stock Is Skyrocketing Today | The Motley Fool

Why SoundHound AI Stock Is Skyrocketing Today | The Motley Fool

SoundHound AI (SOUN 8.60%) stock is surging higher in Wednesday’s trading. The company’s share price was up 11% as of 11 a.m. ET and had been up as much as 14.9% earlier in the daily session. Meanwhile, the S&P 500 index was up 1.6% and the Nasdaq Composite index was up 2.1%.

SoundHound AI is seeing strong gains today, thanks to bullish inflation news. The stock is also getting a boost from an analyst price-target increase. Over the last…

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