LinkedIn (LNKD) Shares Volatile as Forbes Says $43 Would Be Fair Value for Stock
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Shares of LinkedIn (Nasdaq: LNKD) have now retraced nearly all the losses following an earlier blog post from Forbe's which argues the company's stock would be fairly valued at $43.
After opening higher at Monday's open, the stock was down about 1.4 percent just prior to the blog post. As word of the post made the rounds, shares fell as much as 3.1 percent to a mid-day low of $60.27. LinkedIn shares are now down about 2 percent to just under $62.
After opening higher at Monday's open, the stock was down about 1.4 percent just prior to the blog post. As word of the post made the rounds, shares fell as much as 3.1 percent to a mid-day low of $60.27. LinkedIn shares are now down about 2 percent to just under $62.
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