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LinkedIn (NYS: LNKD) surged 8% in after-hours trading after announcing a solid Q3 on Nov. 1. Before you get on the bull and buy a few shares yourself, let's cut through the Wall Street noise and ...
It might seem ridiculous to consider buying a stock that's run up 200% since the beginning of 2012 and now trades hands at 1,330 times earnings. But this month, LinkedIn is on the short list of ...
Jim Cramer of TheStreet Inc. (NASDAQ: TST) and The Motley Fool believe that Facebook Inc. (NASDAQ: FB) should buy LinkedIn Corp. (NYSE: LNKD). LinkedIn has three lines of revenue, all of which ...
Shares of LinkedIn rose as much as 171% on their first day of trade on the New York Stock Exchange and closed at $94.25, more than 109% above IPO price. Shortly after the IPO, the site's underlying infrastructure was revised to allow accelerated revision-release cycles. [11]
A corporation can adjust its stock price by a stock split, substituting a quantity of shares at one price for a different number of shares at an adjusted price where the value of shares x price remains equivalent. (For example, 500 shares at $32 may become 1000 shares at $16.) Many major firms like to keep their price in the $25 to $75 price range.
The next day of trading after the IPO (May 21), the stock closed below its offering price, at $34.03. [41] The stock saw another large loss the next day, closing at $31.00. [41] A 'circuit breaker' was used in an attempt to slow down the decline in the stock price. [42] The stock increased modestly in coming days, and Facebook closed its first ...