Things at Nuance Communications (NASDAQ:NUAN) aren't exactly going great. The voice recognition company faces a difficult revenue transition, it recently swallowed a poison pill to likely thwart activist investor Carl Icahn, and its CEO compensation package isn't exactly aligned with shareholders' best interests. What's more, Nuance's performance over the last year is flirting with bear market territory.
Add up all of these factors, and Fool contributor Steve Heller has decided to sell his shares in Nuance in the coming weeks, after his disclosure period expires. Check out the video below to get the top three reasons why he decided to throw in the towel.
Do you think Steve is capitulating? Drop a comment in the box below.