LinkedIn (LNKD) Higher As Seen to Benefit From Bad Jobs Number

July 8, 2011 12:07 PM EDT
LinkedIn Corporation (Nasdaq: LNKD) is jumping to levels not seen since the first week of trading after its May IPO. Speculators feel the dismal jobs report could actually benefit the company as more job-seekers look to network using the company's services.

Shares of LinkedIn are up 4.3 percent to $98.


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