SoundHound AI (NASDAQ: SOUN) stock is seeing dramatic sell-offs in this week's trading. The company's share price is down 27.2% from last Friday's market close, according to data from S&P Global Market Intelligence.

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,

The company's share price was down 14.4% at 11:15 a.m. ET amid a 0.1% decline for the S&P 500 index and a 0.3% pullback for the Nasdaq Composite index. The conversational artificial intelligence (AI) specialist's share price had been down as much as 17% earlier in the day's trading.

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.

There may not be a hotter stock heading into 2025 than SoundHound AI (NASDAQ: SOUN). While there are some key risks to understand with SoundHound, this could be a chance to get in on the stock before it heads higher.

Are SoundHound AI and Kaltura worth your investment? Check out why these AI stocks are making headlines and if they're a good fit for your portfolio.

Meanwhile, the S&P 500 index was down 0.5%, and the Nasdaq Composite index was down 1.2%. Nvidia CEO Jensen Huang kicked off this year's CES trade show with a keynote address last night, and some SoundHound AI investors were hoping the tech leader would mention the conversational AI specialist in his speech.

Shares of SoundHound AI (SOUN) surged around 836% in 2024. The voice artificial intelligence (AI) technology leader benefitted from rising demand for its offerings and significant growth opportunities across key verticals such as automotive,