|
Shares of LinkedIn (LNKD) Soar in Successful IPO
|
Shares of LinkedIn (LNKD) Soar in Successful IPO
Shares of LinkedIn (NYSE:LNKD), which started trading on the New York Stock Exchange this morning have skyrocketed in price, currently trading up over 104% to $92.00. This values the company at $8.5 Billion dollars, which is $5 Billion higher than what was anticipated. The business oriented social networking site is the first of its kind to go public. With the great success of this IPO, investors will be on the lookout for news from Facebook, Groupon, Twitter and Zynga. Underwriters on the IPO were led by Morgan Stanley (NYSE:MS), Bank of America Merrill Lynch (NYSE:BAC) and JPMorgan (NYSE:JPM).
Video Length: 0
Date Found: May 19, 2011
Date Produced: May 19, 2011
View Count: 1
|
|
|
|
|
I got punched by an old guy, for farting near his wife. Read MoreComic book creator Stan Lee talks the future of the medium in the digital age. Panelists Zachary... Read MoreThe U.S. launch of Spotify is still on music lovers' minds. Join Zachary Levi, from NBC’s... Read MoreTuesday: Rupert Murdoch testifies before Parliament on the hacking scandal that brought down "News... Read MoreAfter a long slump, the home construction industry may be showing signs of life. But as Bill... Read More | 1 2 3 4 5 |
|
|
|