SoundHound AI (SOUN) closed at $4.72, up 1.4% and outpacing the S&P 500's 0.28% gain. However, shares have lost 24.64% over the past month.
The company is expected to report a loss of $0.07 per share in the upcoming earnings, though revenue is projected to grow 49.86% year-over-year to $63.02 million. SOUN carries a Zacks Rank of #4 (Sell), and its industry ranks in the bottom 36% of over 250 industries.