VOTE: How High Will LinkedIn Shares Go?
The professional social network LinkedIn will begin trading publicly tomorrow. And however the stock performs, it will likely further inform whether and when Facebook decides to go public.
The professional social network LinkedIn will begin trading publicly tomorrow. And however the stock performs, it will likely further inform whether and when Facebook decides to go public.
LinkedIn will offer 7.8 million shares at $42 to $45 apiece — about $10 higher than the previously envisioned price range — which would amount to $4.25 billion or so raked in for the issuers.
That $10-per-share bump in opening price invokes comparisons of the IPOs from 2000 or so.
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