Social networking company LinkedIn ( NYSE:LNKD ) listed on NYSE with a blow almost doubled in few minutes. Stock jumped 95 % in few minutes of listing as investors see a value buy in the stock. Stock has touched a high of $ 92.99 and currently trading at $ 86 , while the issue price was just $ 45. Investors are loading up the stock as it is cheaper than Renren Inc ( NYSE: RENN ) another Chinese social networking company listed on NYSE. Read More There is an increased appetite amongst investors for companies in the space of Social media and networking and might continue as big players like Facebook will soon announce a public offerings.
LinkedIn ( NYSE: LNKD ) skyrocketed after listing up 95 % to $ 88
Social networking company LinkedIn ( NYSE:LNKD ) listed on NYSE with a blow almost doubled in few minutes. Stock jumped 95 % in few minutes of listing as investors see a value buy in the stock. Stock has touched a high of $ 92.99 and currently trading at $ 86 , while the issue price was just $ 45. Investors are loading up the stock as it is cheaper than Renren Inc ( NYSE: RENN ) another Chinese social networking company listed on NYSE. Read More There is an increased appetite amongst investors for companies in the space of Social media and networking and might continue as big players like Facebook will soon announce a public offerings.
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