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SoundHound AI's stock dropped 8% after the company filed to sell up to $500M in securities.
SoundHound AI's stock fell over 8% as the company filed to sell up to $500 million in securities.
The company expects to report a Q4 loss of 10 cents per share with revenue of $33.72 million.
SoundHound also anticipates full-year 2025 revenue between $155 million and $175 million.
Despite the stock drop, research analysts have given SoundHound a "Moderate Buy" rating with a target price of $12.36.
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Las acciones de SoundHound AI cayeron un 8% después de que la compañía se presentó para vender hasta $500 millones en títulos.