May 26, 2013

LinkedIn looks to build on its impressive resume | Green Bay Press Gazette



MOUNTAIN VIEW, CALIF. — LinkedIn and Facebook will celebrate the anniversaries of their IPOs just a few days apart this week. But their experiences as publicly traded companies couldn’t be more different.

LinkedIn Corp. promotes its service as a steppingstone to a more enriching career. As it turns out, the professional networking company’s initial public offering was a great place to start a rewarding investment portfolio, too.

LinkedIn’s stock has nearly quadrupled in value from its $45 IPO price on May 20 two years ago. On Monday, it closed at $175.03 a share. In contrast, Facebook’s stock is hovering around $27 a share, down 29 percent since it debuted May 18, 2012 at $38.

Read more: LinkedIn looks to build on its impressive resume | Green Bay Press Gazette

No comments:

Post a Comment

Mashable!

Crave: The Gadget Blog

PCWorld Latest Technology News

CNET TV: Laptops

Blog Archive

Recent Comments