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Updated: 12:46 PM Apr 17, 2009
Rosetta Stone Appears on Stock Market
Harrisonburg, Va. Rosetta Stone opened for trading on the New York Stock Exchange Thursday under the ticker symbol RST. Posted: 4:52 PM Apr 16, 2009 |
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Rosetta Stone opened for trading on the New York Stock Exchange Thursday under the ticker symbol RST.
This occurred after a successful IPO, in which the company raised $112.5 million in gross proceeds.
Rosetta Stone is a leading technology-based language-learning company and the first of its kind to go public.
The shares are up $7.75, or 43.1 percent, at $25.75 in afternoon trading.
The company has an office near downtown Harrisonburg.
