LinkedIn’s 1999-Style IPO Rekindles Questions About Leaving Money On The Table
- Thursday, May 19, 2011, 22:04
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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.
http://blogs.forbes.com/greatspeculations/2011/05/19/linkedins-1999-style-ipo-rekindles-questions-about-leaving-money-on-the-table/
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