Nuance Down 4% on Transcription Service Woes

Nuance Communications (NUAN -3.9%) slumps on higher volume on a Bloomberg report that many doctors remain unable to use its transcription service three weeks after it was hit with a computer attack.

The company's eScription service at two major medical centers, Beth Israel in Boston and University of Pittsburgh, is still down.

Craig Hallum's Jeff Van Rhee believes the service will remain offline for 3-5 more days. Loss revenue may be has high as $10M (BUY/$24).

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