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Stock impact report

Stock-Split Watch: Is SoundHound AI Next? [Yahoo! Finance]

SoundHound AI, Inc. - Class A (SOUN) 
Company Research Source: Yahoo! Finance
Companies often conduct stock splits after a stock has made a big move higher or lower. SoundHound has seen its stock price fall sharply, making it a potential stock-split candidate. 10 stocks we like better than SoundHound AI › Stock splits are an occasional tool used by companies to adjust their share price and outstanding share count without changing their overall market cap . The equity value remains unchanged, but management may consider artificially adjusting the share price to make it more appealing to retail investors. The conversational artificial intelligence company SoundHound AI (NASDAQ: SOUN) has benefited from the rise of the technology in recent years but is also experiencing a challenging year that has sent its stock price sharply downward. Could a stock split be in its future? I want to reiterate that a stock split does not change a company's overall market capitalization, and therefore it does not alter an investor's total equity position. So when sharehol Show less Read more
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