What company is represented by the stock symbol RST?”
RST is the stock symbol for ROSETTA STONE INC (RST) Last:$28.40 Prev Close:$28.25 Open:$27.98 Change:$0.15 (0.53%) Vol:731,846 Avg Vol:568,361 EPS:0.82 High:$29.44 Low:$27.14 Mkt Cap:$574M 52Wk High:$76.00 52Wk Low:$24.05 Shares:20.31B PE Ratio:34.45 Sources: http://www.updown.com/RST
Latest trade data shows the stock for Rosetta Stone Inc., trading under the symbol RST, to be at 28.27, which will be different probably by the time you read this! The company produces software for language learning, which has been recognized as among the leading software for this purpose for many years.
Rosetta Stone sells language instruction software that’s helps people learn a foreign language. The company sells direct to consumers through television advertising, stores such as Barnes & Noble and Borders and at kiosks the company operates in malls and airports. The company also sells directly to corporations and government agencies so their employees can learn additional languages. Government customers include the U.S. Army, Department of Homeland Security and the State Department’s Foreign Service Institute in Arlington. Rosetta Stone went public on Thursday, April 16 in an initial public offering priced at $18 a share. The stock closed its first day of trading at $25.12. The company sold 6,250,000 shares and raised $112.5 million in the offering. Rosetta chief executive Tom Adams said the company plans to use some of the money to expand its business overseas.
