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Posted on May 9, 2011 | tags

 
 

Biz, Tech: LinkedIn IPO could prove social media’s heft on the stock market

  • 7.84M number of shares of stock LinkedIn plans to sell during its IPO
  • $35 the high-end price the company’s shares could go for on the market
  • $3Bthe potential value of the company’s IPO — which is kind of a lot source
  • » Getting in early: LinkedIn is one of the first examples of a social media company taking its chances on the stock market, which suggests that Facebook — which is far more widely-used than LinkedIn is — could totally do well in the case of an IPO. The company, which announced its IPO intentions in January,  has filed to go on the New York Stock Exchange under “LKND.”

Posted by Ernie Smith • Permalink


 

 

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