Why Cerence Stock Skyrocketed Today

Evan Niu, CFA, The Motley Fool
·2-min read
Why Cerence Stock Skyrocketed Today

Shares of Cerence (NASDAQ: CRNC) have skyrocketed today, up by 19% as of noon EDT, after the company reported fiscal third-quarter earnings. The results crushed analyst expectations for both the top and bottom lines.