Soundhound AI stock is down by almost 60%: CIBC World Market Corp Purchases new shares
SoundHound AI is a prominent player in the voice-enabled artificial intelligence sector. But, it has recently experienced a significant decline in its stock value, dropping nearly 60% from its peak. This downturn has attracted attention from institutional investors, notably CIBC World Market Corp, which has purchased new shares during this period. This article discusses the…