Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of speech solutions software provider Nuance Communications
So what: Speculation had been swirling on Wall Street that Nuance, the company behind the popular Siri speech recognition software found in the Apple
Now what: It's not uncommon to see a purchasing company fall when it announces a buyout because of the uncertainty associated with the deal and the financing often needed to facilitate it. Today's move higher is simply a sigh of relief for investors that Nuance's management remains focused on Nuance alone -- and Nuance's future does indeed look very bright. Cirrus Logic
Craving more input? Start by adding Nuance Communications to your free and personalized Watchlist so you can keep up on the latest news with the company.
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Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.
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