IPO News Archive
Language learning software provider Rosetta Stone prices at $18.00, above the range
4/15/09
Rosetta Stone, a leading provider of language learning software, raised $112.5 million by offering 6,250,000 shares at $18.00, above the range of $15.00 to $17.00. The stock is expected to begin trading on the NYSE on Thursday under the symbol "RST". Morgan Stanley and William Blair acted as lead managers on the deal.
Rosetta Stone is the first IPO to price above its proposed price range since pump and value supplier Colfax (CFX) raised $338 million nearly one year ago (May 2008). Rosetta also marks the second company to go public in as many days (online university Bridgepoint Education successfully raised $142 million on Tuesday), making this week the most active week for IPOs since August of 2008 when data hosting provider Rackspace (RAX) and Chinese ad agency China Mass Media (CMM) made their respective public debuts.
Source: www.RenaissanceCapital.com
Latest User Comments
BUY BUY BUY RST 4/30/2009 10:50:37 PM
Posted by: BEAVISnB
BUY BUY BUY RST BUY BUY BUY RST BUY BUY BUY RST BUY BUY BUY RST BUY BUY BUY RST ...
USA Today Story on RST 4/18/2009 12:01:58 AM
Posted by: yumared
I got a USA Today, tonight. On page 3B is a great story on Rosetta Stone. I'm really impressed by this company going public. I've decided to keep my shares & if there is another market drop pretty ...
RST 4/16/2009 10:28:09 AM
Posted by: BEAVISnB
What time will RST start trading today?
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Again, No ticker symble or chart.????? what the hell 4/16/2009 10:19:35 AM
Posted by: Stoptrad
are you guys getting a chart or anything ????
Trading with Schwab......??????????????...
ETFs 4/14/2009 3:41:55 PM
Posted by: StreetSm
Yes those ETFs are nutty.
FAS and Furious, SKF, UYG, are all gifts & curses.
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