From a valuation standpoint, GitLab is the much cheaper stock, trading at a price-to-sales (P/S) multiple of 9.9 times 2025 analyst estimates versus over 23.5 times for SoundHound. It is also worth remembering that GitLab's gross margins are much higher than SoundHound's.

The company's share price was up 11% as of 11 a.m. ET and had been up as much as 14.9% earlier in the daily session. Meanwhile, the S&P 500 index was up 1.6% and the Nasdaq Composite index was up 2.1%.

SoundHound AI (NASDAQ:SOUN) fell for the third consecutive day on Wednesday, but the losses accelerated as SOUN stock crumpled 16.4%. The stock is down more than 27% over those three days. More than likely,

SoundHound AI (NASDAQ: SOUN) stock was one of the market's biggest winners in 2024. The company's share price skyrocketed 835.8% across last year's trading, according to data from S&P Global Market Intelligence.

Investors and traders looking for an opportunity to “Buy the Dip” on SoundHound shares should maintain a close watch on the $15 price. This price represents the next “psychological” trade level for the stock, followed by $12.5 which is where SoundHound’s bullish 50-day moving average resides.

We recently published a list of 10 Tech, Energy Stocks Are Wednesday’s Worst Performers. In this article, we are going to take a look at where SoundHound AI, Inc.

SoundHound AI (NASDAQ: SOUN) stock is seeing strong gains in Tuesday's trading. The conversational artificial intelligence (AI) company's share price was up 2.2% as of 10:30 a.m. ET, amid a gain of 0.