Why Is It Moving? Looking Into Why Nuance Communications's Stock is Trading Higher Today

The Price And Volume Action In Nuance Communications's Stock Today

Nuance Communications's NUAN stock has been rising Monday, up 16.71% to a price of $53.01. The stock's volume is currently 45.44 million, which is roughly 1478.59% of its recent 30-day volume average of 3.07 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Nuance Communications shares are trading higher after Microsoft announced it will acquire the company for $56 per share.

Perspective On Recent Price Action

The stock's 50-day moving average was $45.34 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $51.62 and fallen to a low of $16.45.

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