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Wednesday, May 15, 2024

Nuance Up On Rumor It May Provide Technology For Amazon’s Fire

Courtesy of Benzinga.

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Moving Average Crossover Alert: Nuance Communications (NUAN) – Tale of the Tape
Nuance Goes Higher As Bullish Analysts Chime In Following Rumor

Nuance Communications (NASDAQ: NUAN) rose nearly one percent Thursday on a rumor it may be involved with Amazon's new Fire smartphone.

Wedbush analyst Shyam Patil, citing conversations with Amazon's customer support personnel, said Nuance may be providing its voice-assistant technology for use in the new phone.

Nuance traded recently at $19.52 per share, up 0.93 percent.

Posted-In: Amazon Shyam Patil WedbushNews Rumors

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