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MagicJack (CALL +17.7%), maker of the heavily advertised device that routes low-cost phone calls...

  • Friday, December 16, 2011, 1:45 PM ET
    MagicJack (CALL +17.7%), maker of the heavily advertised device that routes low-cost phone calls over the internet, cancels a planned stock offering because sales of a new model are expected to fill its coffers. The company says it sold a record 365,000 of its new MagicJack Plus in the last 30 days.
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