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, but moved in a narrow range for the majority of the session. Shares finished with a loss of 4.26 at $19.04 on the highest volume of the year. The stock dropped to over a 1-month low and fell below both its 50 and 200-day moving averages.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.