Short Squeeze And Earnings: Why SoundHound AI Stock Spiked Thursday
SoundHound AI Inc. (NASDAQ: SOUN ) stock surged more than 26% in Thursday’s premarket session after the conversational AI company reported stronger-than-expected second-quarter results and raised its full-year 2026 revenue guidance. The rally was likely fueled by a short squeeze, with 42.35% of SoundHound AI’s public f