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LinkedIn Corporation Message Board

  • pauly6734 pauly6734 Jul 28, 2013 1:20 PM Flag

    Just a reminder: May 2nd, LNKD after earning news.....

    " Neither of these firms' falls was even close to the losses experienced by today's big loser, however. Today's top laggard comes from outside the S&P 500, as LinkedIn (NYSE: LNKD ) shares fell nearly 13% during the trading day after -- surprise -- it released earnings. The company's profit and revenue both topped analyst projections for the prior quarter, but it was LinkedIn's outlook that sparked investor panic.

    The company projected second-quarter revenue at a range between 4% to 5% lower than what analysts had projected, alongside full-year expectations that similarly missed the mark. Some analysts have voiced concerns that the company's shift to mobile advertising hasn't gone as smoothly as planned, and although LinkedIn's membership has almost doubled since its IPO, the firm's more than 225 million members leave questionable room for future growth. Despite the downbeat outlook, the firm's shares have jumped an astronomical 79% this year, and investors who have held the stock for some time have yet to feel anything close to losses set in."

 
LNKD
224.20-1.16(-0.51%)Aug 27 4:00 PMEDT

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