(Reuters) - Heelys, which makes a popular brand of shoes that double as roller-skates, had originally filed with the regulators to sell 8 million shares, but later cut the offering to 4.5 million shares.
The withdrawal was motivated by the management's and shareholder Capital Southwest's confidence in the company's direction, J.P. Morgan Securities analyst Robert Samuels said in a note to clients.
Read more at Reuters.com Hot Stocks News
The withdrawal was motivated by the management's and shareholder Capital Southwest's confidence in the company's direction, J.P. Morgan Securities analyst Robert Samuels said in a note to clients.
Read more at Reuters.com Hot Stocks News
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