Cerence Inc. shares rise 3.76% premarket after announcing voice interaction technology for LG TVs.

Cerence Inc. rose 3.76% in premarket trading, driven by the announcement that LG Electronics Inc. is leveraging Cerence's cloud neural text-to-speech (TTS) technology to power voice interaction across its global television lineup. This strategic expansion into new markets is expected to bring a natural and engaging experience to tens of millions of households, aligning with the positive stock movement.