SoundHound dips again despite analysts projecting 39% gains
SoundHound fell for a third straight session amid broad AI pessimism, sliding nearly 8% Thursday and over 2% in early Friday trading. The decline came on below-average volume, which analysts say weakens the move. Despite volatility, Wall Street average price target of $16.94 implies about 39% upside. Retail traders, however, say the stock is testing their patience.