Carl Icahn Adds Another 1.38M Shares to Nuance Tally

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HFA Staff
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A disappointing result from Nuance Communications Inc. (NASDAQ:NUAN) during its fourth quarter does not appear to have dampened Carl Icahn’s appetite for shares of the voice recognition software maker. Icahn plans some changes at the company, as first reported by ValueWalk. Nuance supplies the Siri software found on Apple Inc. (NASDAQ:AAPL)’s iPhones. Between December 6 and 10, the renowned activist investor added another 1.38M shares of Nuance Communications Inc. (NASDAQ:NUAN) to his existing holdings of 59.15M shares, bringing his stake up to 60.31M shares according to a Form 4 filing. The additional stock was purchased at prices ranging between $14.12 and $14.19….

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