In https://en.wikipedia.org/w/index.php?diff=662009797 , a lost set of single quotes '' (inserted by a wikitext edit in November 2013) was converted to ''<nowiki/>''.
I'm not sure it's a bug, but I'm opening this to get a determination either way. Those quotes have existed for years in the article and they didn't cause any issues, so my feeling is that VE probably shouldn't change that status quo and should leave them alone, if that's possible.
Also, is there ever a good reason to keep empty styled nowikis?