UPDATE: Wells Fargo Upgrades Cerence Inc. (CRNC) to Overweight

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Cerence (CRNC) Selected by Toyota Motor North America for Search Engine-Level Intelligence

December 16, 2021 9:14 AM EST

Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Toyota Motor North America (TMNA) has selected Cerence Browse, Cerences AI-powered, cloud-based content domain, to... More

Why Cerence (CRNC) AI Stock is Crashing Today

December 15, 2021 11:17 AM EST

Shares of Cerence (NASDAQ: CRNC) are down nearly 20% today after the company announced leadership changes.

Cerence said that its current EVP and head of its Core Products business Dr. Stefan Ortmanns will become the companys new President and CEO.

Ortmanns... More

Cerence (CRNC) Board of Directors Promotes Dr. Stefan Ortmanns to Chief Executive Officer and Director

December 15, 2021 7:31 AM EST

Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that its Board of Directors has appointed Dr. Stefan Ortmanns, most recently Cerences executive vice president and leader of its Core Products business, as president and chief executive officer. Ortmanns, an accomplished voice and automotive technology executive, succeeds Sanjay Dhawan, who has resigned from the company, effective immediately. Ortmanns also joins Cerences Board of Directors, replacing... More