Jeremy LevineLinkedIn

Shares double on debut

19 May, 2011

Shares 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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