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(HealthNewsDigest.com) – LinkedIn soared more than 90% to about $86.60 as it began trading on the New York Stock Exchange, giving the professional-networking site a market value of roughly $9 billion.
The offering of 7.84 million shares has surprised many across Silicon Valley and Wall Street, who say that investors are being taken in by an Internet bubble. The company made $15.4 million in 2010.
http://online.wsj.com/article/SB10001424052748704816604576333132239509622.html?mod=djemalertMARKET
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