Carl Icahn Discloses Increased Exposure In Nuance, Has Plans to Go Activist

HFA Padded
HFA Staff
Published on
Updated on

Carl Icahn Discloses Recent Derivative Trades on Nuance Communications Inc. (NASDAQ:NUAN) which shows increased exposure. Carl Icahn boosted his stake in Nuance Communications Inc. (NASDAQ:NUAN) after the company reported a weak second quarter earnings result on Tuesday, April 30. He created the most valuable position in Nuance. Icahn Capital LP had 76.9 million invested in the company at the end of the quarter. Valuewalk reported on May 1st that sources with direct knowledge of the matter have told ValueWalk that Carl Icahn plans to further boost his stake in the company, now we have seen that happened. The activist has plans to…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.