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

|By:, SA News Editor

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.