A big fall after releasing millions of shares to the market isn't surprising, particularly given the small initial float at IPO.
I guess we'll see what LinkedIn's real market valuation is because though its definitely worth something, $10B it is not. And if the overall market continues to decline, tech companies such as LinkedIn are going to get hammered the most as investors start to really ask themselves what companies will make it through the mess the best (probably the big blue chip ones).
I guess we'll see what LinkedIn's real market valuation is because though its definitely worth something, $10B it is not. And if the overall market continues to decline, tech companies such as LinkedIn are going to get hammered the most as investors start to really ask themselves what companies will make it through the mess the best (probably the big blue chip ones).