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LNKD Market Currents
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Monday 9:54 AM Facebook (FB -13.2%) tumbles in early trading to $33.20; even after the selloff, the company trades at nearly 23x sales and 75x trailing EPS. Not helping is BTIG's decision to launch coverage at Neutral; in-line with earlier comments, the firm is worried about Facebook's valuation, decelerating growth, and ad monetization issues. Also lower: RENN -8.3%. ZNGA -7.1%. YELP -6.8%. LNKD -6.1%. GRPN -4.8%. SVVC -7.4%. GSVC -10%.
13 Comments[Tech, On the Move]
- Friday 5:27 PM Monster Worldwide (MWW -0.8%), which has said it's exploring "strategic alternatives," is receiving little interest from P-E firms, according to DealReporter. Monster shares soared last week on a rumor of a LinkedIn/Silver (LNKD) Lake bid, and held onto most of their gains in spite of LinkedIn's denial. [Tech, M&A]
LNKD in Focus
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at MarketWatch.com (Tue, 10:08AM)
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at MarketWatch.com (Mon, 4:31PM)
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at CNBC.com (Mon, 4:24PM)
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at MarketWatch.com (Mon, 4:22PM)
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at MarketWatch.com (Mon, 4:13PM)
LNKD Press Releases and Filings
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GlobeNewswire (Tue, 9:00AM)
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GlobeNewswire (May 3, 2012)
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GlobeNewswire (May 3, 2012)
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GlobeNewswire (Apr 30, 2012)
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GlobeNewswire (Apr 13, 2012)
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LNKD vs. ETF Alternatives
Company Description
LinkedIn is the world's largest professional network on the Internet with more than 100 million members in over 200 countries and territories, which currently includes executives from every Fortune 500 company. The company has a diversified business model with revenues coming from member... More
