Rochester,NY 8/18/2009 1:42:43 AM
Rosetta Stone Inc.,RST-won't proceed with its previously announced public offering of shares
Rosetta Stone Inc
Rosetta Stone Inc. informed Monday that it won't proceed with its previously announced public offering of shares because of greater-than-expected operating expenses for the current quarter.
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Shares were recently down 10.8% at $25.30 in premarket trading.
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