SoundHound AI, Inc. is engaged in conversational intelligence, offering voice artificial intelligence (AI) solutions that enable natural interactions with mobile phones, cars, TVs, speakers and more. Co.'s technology delivers fast and accurate responses in multiple languages, serving automotive, TV, IoT and customer service industries. Co.'s products include Smart Answering, Smart Ordering and Dynamic Interaction, a real-time customer service interface. Co. also provides SoundHound Chat AI, integrating Generative AI and supports edge, cloud and hybrid connectivity solutions for businesses. We show 9 historical shares outstanding datapoints in our SOUN shares outstanding history coverage, used to compute SOUN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SOUN market cap history over the course of time is important for investors
interested in comparing SOUN's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of SOUN versus a peer is one thing; comparing
SOUN market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like SOUN can fluctuate over the course of history.
With this page we aim to empower investors researching SOUN by allowing them to research the SOUN market cap history. |
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Video: The Importance of Market Cap
