View Full Version : Rosetta Stone

04-10-2012, 12:24 PM
Rosetta Stone Inc. is an American software company that develops Rosetta Stone, a language-learning software.

On April 15, 2009 Rosetta Stone raised $112 million dollars in its Initial Public Offering of stock, with shares valued at $18.00. In its first full day of trading on the New York Stock Exchange, the stock performed strongly, closing at $25.12 per share, up 39% from its opening price. After a strong opening, however, the stock stumbled amid reports of weaknesses in Rosetta Stone's US business, resulting in the cancellation of a second offering, and a disappointing year end price just 5 cents off its opening price. The stock trades under ticker symbol RST.

Source: Wikipedia (http://en.wikipedia.org/wiki/Rosetta_Stone_%28company%29)