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Nuance Communications (NUAN) in Focus: Stock Tumbles 9% - Tale of the Tape

Nuance Communications, Inc. ( NUAN ) saw a big move last session, as the company's shares fell by over 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for NUAN, as the stock is now down almost 12% since Jul 30, 2014.

The computer software company has seen a flat record when it comes to current year estimate revisions over the past few weeks (0 increases, 0 decreases), and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

NUAN currently has a Zacks Rank #3 (Hold).

Some better-ranked stocks in the same industry include Progress Software Corporation ( PRGS ), Callidus Software Inc. ( CALD ) and Jive Software, Inc. ( JIVE ). While Progress Software Corporation carries a Zacks Rank #1 (Strong Buy), Callidus and Jive hold a Zacks Rank #2 (Buy).

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NUANCE COMM INC (NUAN): Free Stock Analysis Report

CALLIDUS SOFTWR (CALD): Free Stock Analysis Report

JIVE SOFTWARE (JIVE): Free Stock Analysis Report

PROGRESS SOFTWA (PRGS): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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