Seeking Alpha

LNKD
LinkedIn

5/24/2012, 1:49 PM ET
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LNKD Market Currents more »
  • Wednesday 9:29 AM BlackBay trader Todd Schoenberger says the market has it all wrong over Linkedin (LNKD -0.5%), which has been dragged down of late by Facebook. The site has well-balanced global breadth and an advantegous business model. "I would buy it now even if it goes up 20% or down 20%...It's a buy and hold," says Schoenberger. [Top Stories, On the Move]
  • Monday 9:54 AM Facebook (FB -13.2%) tumbles in early trading to $33.20; even after the selloff, the company trades at nearly 23x sales and 75x trailing EPS. Not helping is BTIG's decision to launch coverage at Neutral; in-line with earlier comments, the firm is worried about Facebook's valuation, decelerating growth, and ad monetization issues. Also lower: RENN -8.3%. ZNGA -7.1%. YELP -6.8%. LNKD -6.1%. GRPN -4.8%. SVVC -7.4%. GSVC -10%. [Tech, On the Move]
  • Friday 5:27 PM Monster Worldwide (MWW -0.8%), which has said it's exploring "strategic alternatives," is receiving little interest from P-E firms, according to DealReporter. Monster shares soared last week on a rumor of a LinkedIn/Silver (LNKD) Lake bid, and held onto most of their gains in spite of LinkedIn's denial. [Tech, M&A]
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Company Description

LinkedIn is the world's largest professional network on the Internet with more than 100 million members in over 200 countries and territories, which currently includes executives from every Fortune 500 company. The company has a diversified business model with revenues coming from member... More