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Jim Cramer is Right that LinkedIn's Underwriters Juiced the IPO

Jim Cramer is Right that LinkedIn's Underwriters Juiced the IPO

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 Hikes IPO Price Range by 30%

LinkedIn Hikes IPO Price Range by 30%

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.

 

Expedia Shares Tanking, EPS Miss Blamed

Expedia Shares Tanking, EPS Miss Blamed

The online travel website has seen better quarters, with higher taxes, increased spending on technology and content, and a push and pull between airlines and global distribution systems that took a toll in the last quarter of 2010. The stock was down more than 18% Friday at $21.06.

 

eBay shares receive Paypal boost

Shares in eBay jump almost 8% after the online auction site's Paypal unit said its revenues would double by 2013.

 

Hackers Gained Access to Nasdaq Systems, but Not Trades

Hackers Gained Access to Nasdaq Systems, but Not Trades

Hackers have repeatedly breached the systems of the company that runs the Nasdaq, according to several law enforcement officials.

 

Google investors to look beyond search

A strong holiday shopping season will help Google Inc beat Wall Street's quarterly targets again, but investors may need more convincing to buy into the Internet giant's longer-term future.

 

Behavioral Ads Rock But Akamai Stock Is Still About 60% Overvalued

Akamai’s real-time ad targeting solution could well be an important growth driver in the future for the company given the growing importance of behavioral targeting technology in the context of web advertisement. Companies such as Amazon and Google currently use similar technologies to identify user behavior and then offer suggestions or products that might interest users.

 

Microsoft Wiggles All The Way To $33 With A Little Kinect Help

Microsoft recently announced that it sold more than 2.5 million Kinect motion sensors for its Xbox 360 game console globally since it was launched on November 4, 2010.

 

The Role Of YouTube In Getting Google To $632 And Beyond

YouTube forms a very small portion of Google's overall business accounting for 4% of Google's stock

 

Ballmer Sells $1.34 Billion in Microsoft Stock

Microsoft Chief Executive Steve Ballmer sold $1.34 billion of Microsoft shares in recent days, his first share sales in the company since 2003.

 

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