NasdaqGM:SOUNSoftware
SoundHound AI (NasdaqGM:SOUN) Removed From Multiple Russell Indexes
In recent developments, SoundHound AI (NasdaqGM:SOUN) was removed from several Russell indices, including the Russell Microcap and Russell 3000E, as of June 30, 2025, marking a key change in its market positioning. Over the last quarter, the company experienced a 20% price increase, partially supported by positive first-quarter earnings showing a significant year-over-year improvement in sales and net income, which helped counter broader market trends favoring tech stocks. Notably,...