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LinkedIn IPO Chart - Breakdown of Annual Revenues

May 19, 2011

The Social Media sites are finally coming to the market. LinkedIn priced its long-awaited IPO at the very top of the range at $45 a share Wednesday and is scheduled to begin trading Thursday. The company will trade under the symbol $LNKD. I'm sure we will take a look at the price chart once we start trading. For now, keep in mind that some technicians like to look at IPOs like a long base built while it's been Private. The IPO is theoretically the breakout, or potentially the false breakout, we shall see. If you're wondering how they are making their money, Silicon Alley Insider presents us with their Chart of the Day.

Also See:

Fun Facts From Renaissance Capital Not Even Close to Bubble Levels (PhilPearlman)

LinkedIn Priced at High End (WSJ)

LinkedOut (ReformedBroker)

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