Tag Archives: stock

LinkedIn Goes Public on the NYSE

20 May

Progressive Media Concepts - Social Media Marketing and Management LinkedIn, a popular social media networking site for business professionals, has officially made history. On May 19th, 2011, LinkedIn went public, offering 7,840,000 shares, and making it the first social media site ever to be publicly traded. Now this may not seem like a reason for celebration, except for the rapid increase in share price. The IPO was priced at $45, which within 24 hours has skyrocketed to over $100 per share. Any investor should be very happy with their return in only one day of trading.

If you aren’t already aware of what LinkedIn is or how it can offer you any sort of value, read about it here. Founded in 2003, LinkedIn has grown to over 100 million users in over 200 countries and offers its members a variety of amenities, such as connecting with professionals and providing a job database. Continue reading…

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