Nuance Communications »
Nuance Communications'(NASDAQ:NUAN) shareholders have been in for a rough ride in 2013, and continue to face headwinds in 2014. Multiple setbacks including profit misses and analyst downgrades have driven shares of Nuance Communications down to the $15 range. At the end of April 2013 Nuance Communications was trading at $23.38. Its stock oscillated from $13.00-23.38
As most traders are sitting on the sidelines, and the U.S. broad markets are closed for the holidays, its seems like a good time to review one of the most startling drops so far this week. On Tuesday, Nuance Communications (NASDAQ:NUAN) shares plunged by an astonishing 18 percent after the company issued less than bullish
Billionaire investor Carl Icahn has made headlines in recent weeks following a number of large, highly publicized investments. Earlier in the month Icahn single handedly drove shares of Apple higher by 20 some percentage points. His push to return money back into shareholder pockets sent shares from $400 to $500 in a matter of weeks.