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A China-based media company is turning heads so far during Wednesday’s premarket after the company announced hat it has launched new AI-powered applications for the international market. According to the release, “the company expects to further develop and enrich its suite of %AI products by actively integrating AIGC technologies.”

Traders were eager to get their hands on shares of %SoundGroup (Nasdaq: SOGP) following the announcement, with the current bid at $4.83/share (+68.00% implied open for sellers) at the time of writing. It should be an exciting session for this micro cap!

Sound Group Inc. is a global audio-centric social and entertainment company driven by a clear mission and vision: building the world’s largest audio platform to better connect and communicate. The Company is dedicated to shaping a future where audio not only bridges gaps but also amplifies human connection through the power of sound. Sound Group Inc. has been listed on Nasdaq since January 2020.


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