LinkedIn Corp
LNKD:NYSE
| Last | Change / % Change | Dividend Yield | Volume |
| 93.09 | 0.00 0.00% | 0.00% | 61,877 |
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Latest News Headlines for LinkedIn Corp
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U.S. shares mixed after LinkedIn's impressive initial stock offering
U.S. stocks opened mixed on Friday
after professional networking site LinkedIn's impressive initial
stock offering.
LinkedIn Corp.'s offering on the New York Stock Exchange on
Thursday, surged over 109 percent to 94.25 dollars a share.
LinkedIn IPO Red-Hot, Closes First Day of Trading Up 109% (LNKD)
View more recent headlinesLinkedIn Corporation (NYSE:LNKD) closed its first day of trading yesterday up 109% over its $45 per share IPO price, closing at $94.25 per share. The stock traded as high as $122.70 intra-day.
The price gives the company a whopping valuation of $8.91 billion, for a company that had a net income of just $15 million in 2010, on revenues of $243 million. That was up 102% from the $120 million in total revenue reported for 2009.
Company Background
LinkedIn Corporation (LinkedIn) is a professional network on the Internet with more than 90 million members in over 200 countries and territories. Through the Company's platform, members are able to create, manage and share their professional identity online, build and engage with their professional network, access shared knowledge and insights, and find business opportunities. Its members create profiles that serve as their professional profiles and are accessible by any other member, as well as anyone with an Internet connection. On July 29, 2010, LinkedIn completed the acquisition of mSpoke, Inc. (mSpoke), a provider of next generation personalization solutions. On September 22, 2010, the Company completed the acquisition of ChoiceVendor, Inc. (ChoiceVendor), a provider of real-world ratings and reviews of business-to-business service providers in more than 70 categories across the United States.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 0.00 | Previous Close 93.09 |
Day High 0.00 | Day Low 0.00 |
52wk High/Date 122.70 / 5/19/2011 | 52wk Low/Date 80.00 / 5/19/2011 |
Beta 0.00 | Market Capitalization 8.80B |
Shares Outstanding 94.50M | Volatility Avg 0.00 |
Avg Vol(10 day) 19.36M | P/E Ratio 0.0x |
EPS (TTM) 0.04 | Yield 0.00% |
Dividend Announcement -- | Ex-Date -- |
Payable 0.0000 - -- | Payable Date -- |
Date of Record -- | |
Last Trade as of 5/20/2011 4:01 PM ET | |
LNKD LinkedIn Corp vs. Peers
| Peers | |
LNKD LinkedIn Corp | 0.00% |
LNKD LinkedIn Corp | 0.00% |
LNKD LinkedIn Corp | 0.00% |