Rosetta Stone Take a Hit, Lindsay Manufacturing Soars
By Market News Video Staff, Friday, February 18, 6:44 PM ET
Shares of Rosetta Stone (NYSE:RST) plummeted 17% during trading on Friday after the language software company said it expects to report weak fourth quarter earnings. This comes after Borders Group, a major retail outlet for Rosetta Stone software, filed for Chapter 11 bankruptcy protection earlier this week.
Meanwhile, Lindsay Manufacturing Co (NYSE:LNN) was one of the best performers on the NYSE on Friday. Shares of Lindsay traded at more than three times its average daily volume, and advanced 8.2% to $76.78.
Both RST and LNN are components of the First Trust Dow Jones Select Microcap Index Fundís (AMEX:FDM). Other top components of the fund include Buckeye Technologies (NYSE:BKI), Strategic Hotels & Resorts (NYSE:BEE) and iStar Financial (NYSE:SFI).
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