LinkedIn's 1999-Style IPO Rekindles Questions About Leaving Money On The Table |
May 19, 2011 | May 2011 Bond Updates |
LinkedIn (nasdaq: LNKD) began trading today, May 19, with a pop. As of 1pm ET, the stock was trading around $106, a massive premium over the opening price of $45, and reminiscent of dot-com era price moves in stocks like TheGlobe.com. While the price gain thrilled financial markets and investors, it raised often neglected questions regarding the role of the investment banking industry. |
View more at: http://blogs.forbes.com/greatspeculations/2011/05/19/linkedins-1999-style-ipo-rekindles-questions-about-leaving-money-on-the-table/ |
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