Thursday, May 19, 2011
As LinkedIn IPO soars, so do questions about pricing [Updated] | Technology | Los Angeles Times
As LinkedIn IPO soars, so do questions about pricing [Updated] | Technology | Los Angeles Times: "Pop. That's the sound of LinkedIn's shares exploding on the New York Stock Exchange in their first morning of trading. The scorching hot stock is now up more than 140% to $109 but has soared as high as $122.70, delivering the kind of first-day rush that dot-coms made infamous during the first Internet boom. And LinkedIn's underwriters, Morgan Stanley and Bank of America, are, well, laughing all the way to the bank."
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