Rosetta Stone Sinks Like a Rock—Could It Have Been Prevented?
August 21st, 2009
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We’re sure investors used some rather “interesting” language to describe the
situation that unfolded at Rosetta Stone this week.
In brief: Rosetta Stone’s stock declined 27% to $20.63 on Monday, August 17th,
following news that the maker of software for learning languages dropped plans
to sell some 4.3 million shares and revised its third quarter profit estimates.
Categories: IR News, SEC Earnings, Earnings Calls, earnings releases, guidance, investor confidence, public offering, Rosetta Stone, SEC