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Stock impact report

Should You Chase the Rally in SoundHound Stock Today? [Yahoo! Finance]

SoundHound AI, Inc. - Class A (SOUN) 
Company Research Source: Yahoo! Finance
The upward momentum drove SOUN decisively above its 50-day moving average (MA), signaling near-term momentum is now shifting back in favor of the bulls. More News from Barchart Heavy, Unusual Volume in Amazon Options Ahead of Earnings in Two Weeks Dear Google Stock Fans, Mark Your Calendars for April 22 Dear GameStop Stock Fans, Mark Your Calendars for April 15 Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Despite today's surge, however, SoundHound stock remains down about 37% versus its YTD high. www.barchart.com Options Market Remains Bullish on SoundHound Stock According to Barchart, SOUN has seen nearly 110K options contracts traded today, a 78% spike in overall activity versus its 30-day average volume of just under 61K. More importantly, the put-to-call open interest ratio currently sits at 0.48, indicating for every 100 call options (bullish bets), there are only 48 put options (bearish bets), refl Show less Read more
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