Nuance Communications Up on Takeover Talk, Options See Action

Mark Melin

Published onMay 23, 2014

Updated on May 13, 2021

Is Carl Icahn finally having his way with Nuance Communications Inc. (NASDAQ:NUAN), the company that is said to be the brain behind Apple Inc. (NASDAQ:AAPL)’s Siri voice recognition system?

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After appointing son to board, Icahn is optimistic

Nuance Communications Inc. (NASDAQ:NUAN) is up significantly today amid brisk volume on takeover talk. ValueWalk reported when Icahn upped his stake from 9 percent to 16 percent in August of 2013 and Tabinda Hussain wondered out loud if Icahn was planning a coup. Then in December 2013 ValueWalk reported Icahn upped his stake, adding 50,000 shares and buying on a relative drawdown at $14.2 per share. The December...

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Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

Nuance Communications Up on Takeover Talk, Options See Action

After appointing son to board, Icahn is optimistic

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