LinkedIn Plummets Again (LNKD)

Symbols: LNKD
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Shares of recent IPO LinkedIn (NYSE: LNKD) have cooled considerably since going public on May 20. The first day of trading in LNKD saw a frenzy of buyers which pushed the stock up more than 100% from its offering price, hitting a high of $122.70.

As the hype has died down, however, the share price has pulled back considerably. After getting hit hard during yesterday's session, LNKD has lost another 5.32% on Wednesday and is trading at $77.35.


 
 
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