19 May, 2011
Shares double on debut
Jeremy LevineLinkedIn0 Comments
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reuben
reuben2014-10-11 17:53:362014-10-12 00:27:15Shares double on debutShares rise as much as 171% intraday on debut at the New York Stock Exchange before closing at $94.25, more than 109 percent above the IPO price. The company is worth nearly $9 billion after the first day of trading. A LinkedIn employee celebrating in the parking lot of the company’s headquarters in Mountain View, Calif.:
I got here at 6 a.m. We’ve been celebrating since then. We recognize that there’s potentially a bubble right now.
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