Jim Cramer - Mad Money
SoundHound AI
SOUN-Q
COMMENT
Mar 31, 2025
Unprofitable growth tech names like this are -59% this year, after surging last year when they never should have. Removing this froth is positive for the market.
They reported last week. The street was expecting the coming fiscal year to improve, but the company guided their outlook to remain the same more or less. In this market, you can be the same but explode the numbers upwards.
Unprofitable growth tech names like this are -59% this year, after surging last year when they never should have. Removing this froth is positive for the market.