SoundHound AI's SOUN Stock Soars 23.5% in Volatile September
SoundHound AI's stock, SOUN, experienced a volatile stock market today in September 2025, with its performance more influenced by online discussions than broader market trends. The company's stock rose by 23.5% during the month, despite a high price-to-sales ratio and significant losses.
SoundHound AI's stock surged 7% on Sept. 4 following the release of a custom AI agent for Primary Health Solutions. However, the stock dropped 5.4% on Sept. 9, the day it acquired Interactions. The acquisition, led by CEO & Co-Founder Keyvan Mohajer, took place in Santa Clara, CA. Throughout the stock market today, the stock saw several big jumps and drops, reflecting its sensitivity to company-specific news rather than market trends.
Notably, Red Lobster's order for a systemwide SoundHound AI solution on Sept. 23 did not impact the stock price.
SoundHound AI's stock performance in the stock market today was largely driven by company-specific events, with online discussions playing a significant role. Despite the volatility and high valuation, the stock ended the month up 23.5%. The author, holding existing shares, is not planning to buy more at current prices.
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