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flag SoundHound AI's stock jumps 13% after Piper Sandler's positive rating, despite recent CEO share sales.

flag SoundHound AI's stock surged 13% on Tuesday after Piper Sandler initiated coverage with an "overweight" rating. flag Traders bought a large volume of call options on the stock, a 58% increase from the daily average. flag Despite the CEO selling shares recently, the stock's price rose to $11.10. flag Analysts predict earnings of -0.38 per share for the year. flag SoundHound AI develops AI solutions for industries like automotive and IoT.

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