Rossetta Genomics (ROSG) Sells 570K Shares at $11.50/Sh

May 25, 2012 7:46 AM EDT
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Late Thursday, recent momentum mover Rossetta Genomics Ltd. (NASDAQ: ROSG) announced it has entered into definitive agreements with investors to purchase an aggregate of 570,755 ordinary shares at a price of $11.50 per share in a registered direct offering.

ROSG closed at $16.29 on Thursday after reaching $23.43 intra-day. The stock is up from $1.62 since May 16th.

Shares this morning last traded at $14.40, down $11.60.

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