Stock Watch: Gains After Secondary Sale Nixed, Inc. was up 3 1/8 to 31 9/16 in early trading today after the Seattle, Washington-based company said it ended plans for a three million-share stock offering because both management and shareholders felt the shares were undervalued.

“We feel that pursuing a secondary offering at this time is not in the best interests of our shareholders,” said Chairman and Chief Executive Officer Tim Choate. “We remain very confident in our prospects for growth and are not in need of additional capital now or in the foreseeable future.”

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