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$NUAN's spike from $45 on Friday makes sense. However, I'm having trouble figuring out why they currently trade at ~$53 given that the market knows that Microso
by mwambua 6y ago
$NUAN's spike from $45 on Friday makes sense. However, I'm having trouble figuring out why they currently trade at ~$53 given that the market knows that Microsoft will pay $56 for each share. (https://news.microsoft.com/2021/04/12/microsoft-accelerates-industry-cloud-strategy-for-healthcare-with-the-acquisition-of-nuance/ https://news.microsoft.com/2021/04/12/microsoft-accelerates-...)
Any ideas on why that is?
- johncoogan 6y agoPricing in a small chance that the acquisition won't go through (maybe due to FTC clearance, but could be other due diligence related items).