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Nuance Communications Inc. (NUAN) Is Losing Ground After Weak Q2 Report

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Nuance Communications Inc. (NUAN) reported second quarter adjusted EPS of $0.34 Tuesday morning, which fell short of the consensus estimate of $0.40.

Nuance Communications gapped open sharply lower Tuesday and is now down 4.22 at $19.08 on above average volume. The stock has dropped to a 1-month low and has fallen below its 50 and 200-day moving averages.

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