LinkedIn (LNKD) is a business-oriented social networking service. Founded in December 14, 2002 and launched on May 5, 2003,[2] it is mainly used for professional networking. As of 2015, most of the site's revenue comes from selling access to information about its users to recruiters and sales professionals. In 2006, LinkedIn increased to 20 million members. As of October 2015, LinkedIn reports more than 400 million acquired users in more than 200 countries and territories. The site is available in 24 languages, including Arabic, Chinese, English, French, German, Italian, Portuguese, Spanish, Dutch, Swedish, Danish, Romanian, Russian,Turkish, Japanese, Czech, Polish, Korean, Indonesian, Malay, and Tagalog. As of 2 July 2013, Quantcast reports LinkedIn has 65.6 million monthly unique U.S. visitors and 178.4 million globally, a number that as of 29 October 2013 has increased to 184 million. In June 2011, LinkedIn had 33.9 million unique visitors, up 63 percent from a year earlier and surpassing MySpace. LinkedIn filed for an initial public offering in January 2011 and traded its first shares on May 19, 2011, under the NYSE symbol "LNKD".
Reported after close today (4/28/16) Earnings: EPS $0.74 Revenue $861M Estimates: EPS $0.60 Revenue $828M Up 3.51% after hours so far
Meh, I don't know. There are a lot of people, especially the employees, who bought shares at a pretty high price.
LinkedIn looks interesting. Gonna watch it closely next couple of weeks and do some research. Wonder what MSFT is planning to do with it.
Its pretty much baked in here, you will not be making money here. The price will stay where it is, maybe fluctuate slightly, but if this was the offer, then its priced right based upon the offer price.
Agreed, the only ones who're making money on this deal are those few who bought on that massive dip in February (?).
News out that $MSFT called $LNKD in Feb after that terrible earnings report, closed the deal at $196 right then, wow, well done Nadella. Also sheds some light on why $LNKD sold, knew that market wasn't gonna give it the same multiple going forward and growth was done
I was lucky enough to buy some shares after the massive dip a few months ago and sold them all yesterday morning. This is one of the best trades that I have so far this year. Now following TTT's picks and loaded up with the AMD Jan 17 calls, hoping for another winner.
Man... I was hoping $LNKD would just die already. Mainly HR departments, who are (stereotypical) lazy as all hell, use $LNKD to "streamline the process". Then you have your "connections" - a bunch of people looking for career opportunities from other people looking for career opportunities, but in reality, no one cares about anyone. <= IMO I feel like $LNKD is the ultimate social media contradiction to human nature. It's not like $FB or Instogram, or $TWTR or w/e else is out there that builds it's model around giving people the opportunity to indulge in their own self-interest. Hopefully $MSFT works it's charm and runs it to the ground. lol! edit: i thought putting a $ symbol in front of the ticker symbol would create a link to a chart or something. That would be a good functionality, don't you think?
