Linkedin | featured news

LinkedIn’s stock opened at $83 after its IPO was priced at $45 and reached an intra-day high of around $123 on the first day. And then a month of carnage started which saw the stock plummeting by 51% from its all-time high. Even though the stock has impressively recovered, climbing almost 75% from its June 20 lows of $60, we remain fundamentally bearish on LinkedIn.

Despite new ownership and an injection of Justin Timberlake celebrity cachet, the bad news just keeps coming for Myspace.

Jim Cramer got really angry on CNBC yesterday. The LinkedIn (LNKD) IPO got him in a tizzy. Why? Because he said that the underwriters for the offering (Morgan Stanley (MS), B of A Merrill (BAC), and JP Morgan Chase (JPM)) decided to play the old “dot com” games of only releasing an artificially small amount of shares on the market, in hopes of creating a feeding frenzy.

LinkedIn shares skyrocketed more than 80% to trade at about $86 a share, and at a high of $92.99 a share, on Thursday as the social networking site launched its initial public offering.

Professional networking site LinkedIn raised its price range for its IPO this week by 30%, valuing the company at $4 billion, a strong indication that demand is running high for the new stock.

Professional networking website LinkedIn Corp. plans to sell shares to investors for $32 to $35 each in an initial public offering, one of the first for a major U.S. social networking site.

LinkedIn announced a new platform Wednesday for its business-focused social networking site -- offering websites and developers easy tools to embed "recommend" buttons, company-profile boxes and contact widgets on third-party websites -- as well as a way to log in to other sites using LinkedIn.

Users in China are reporting that access to LinkedIn has been blocked throughout the country.

LinkedIn Corp., the company behind the largest website for professional networking, plans to raise at least $175 million in an initial public offering of stock that could open the IPO floodgates for other widely used online services that connect people with common interests....

There's nothing like Web technology trying to replicate clunky, analog methods for organization and interacting with information. What we mean is, it's a terrible practice and we're glad to see one more example of it departing the Internet with LinkedIn's new address book functionality hitting the site today.

While still in beta, the new function looks like a leap ahead of the old Rolodex-style functionality we'd become used to not really ever using.