Volume Spike Investor

Rosetta Stone Inc. (NYSE: RST) is getting clipped hard this morning.  The language learning software company noted that higher operating expenses would be hitting earnings in Q3 and in 2009.  This is a profit warning but the company did not warn on sales. It also canceled plans for a secondary stock offering based on current conditions.   At 8:39 AM EST we have shares down 16% at $23.84 on almost 30,000 shares.  This is still a new company but average volume is close to 300,000 shares.  As this was one of the top 2009 IPO’s, you can expect volume to pick up significantlyaround the market open. -JON OGG