LinkedIn Going Public On The NYSE This Thursday


Professional social network LinkedIn.com is going public on Thursday and they are looking to raise $274 million as part of the offering. The price of the shares will be launched at between $32-$35. This would give them about a $3 billion valuation. LinkedIn will be traded on the New York Stock Exchange under the symbol “LNKD.” In 2010, LinkedIn’s revenue doubled to $243 million and their net income was $15.4 million. [BusinessInsider]

Categories: .

One Response to LinkedIn Going Public On The NYSE This Thursday

  1. Pingback: LinkedIn Increases Per Share Price For $4 Billion Valuation

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>