The company’s full year 2012 results helped propel the stock to more than $150 early in 2013, en route to hitting $240 by the fall of that year.
It beat quarterly expectations and maintained breakneck growth. The excitement and performance was notable coming at a time when the overall economy was still attempting to shrug off the after effects of the financial crisis just a few years prior.ĭespite some concerns about the company’s valuation and the “frenzy” for internet stocks during this time period, LinkedIn stock was a standout performer in its first years on the market. It was the biggest internet IPO since Google’s in 2004 and would herald in a number of additional internet IPOs in the coming years ranging from Facebook to Groupon. The company had its IPO in 2011 and soared more than 100% on its first day of trading, after initially pricing its shares at $45 under the stock ticker LNKD. The company soon became a staple of the online business world, allowing professionals to easily establish and expand their career networks, while also becoming a significant search engine for career opportunities.
LINKEDIN STOCK PRICE 2021 PROFESSIONAL
LinkedIn was founded in 2003 as a social network focused on on professional networking. LinkedIn as a whole will only slightly move the needle for Microsoft for the foreseeable future. Investors interested in gaining exposure to LinkedIn today should carefully analyze the large and diverse company that is Microsoft, with significant business lines in cloud computing, office software, gaming and hardware devices to determine if they are comfortable with the overall investment. More than five years on, the jury is still out on that question with Microsoft executives heralding LinkedIn’s revenue growth, while analysts seek more answers related to profitability. The wisdom of the deal split opinion among analysts, with some heralding it as a brilliant addition to Microsoft’s portfolio, while others questioned if the company would ever recoup its investment in the social networking company. The stock had many ups and downs since its debut and was ultimately acquired by Microsoft in 2016. The company helped herald in a new generation of internet stocks that exited investors and featured an IPO that surged 109% of its first day of trading in 2011. LinkedIn had a short but eventful life as stock. Introduction: What Happened to LinkedIn Stock? Investors interested in getting exposure to LinkedIn can do so by investing in Microsoft (MSFT), but should understand that LinkedIn will make only a limited impact on the bottom line of the company.
As a result, LinkedIn stock no longer trades on the stock market. Quick summary: LinkedIn was acquired by Microsoft in 2016. The author holds none of the positions mentioned below. None of the content below should be misconstrued as investment advice or a recommendation. Yes, unlike most social networks, LinkedIn has not been banned in China.Disclaimer: Lean Investments is a financial education and entertainment website. LinkedIn is available in 200 countries Is LinkedIn available in China? Over 25 percent of US adults are LinkedIn users, according to Pew Research Center How many countries is LinkedIn available in? Over 55’s account for 3.1 percent of total users ( Hootsuite/We Are Social) What are LinkedIn’s gender demographics?ĥ6.9 percent of LinkedIn users are male, 43.1 percent are female ( Hootsuite/We Are Social) What percentage of US adults use LinkedIn? 18-24 is the second largest bracket, at 19.2 percent, followed by 35-54 at 10.3 percent. Only three percent of members post more than once a week, although over 40 million apply for jobs once a week What are LinkedIn’s age demographics?īy far the largest age demographic on LinkedIn is 25-34, which accounts for 60.1 percent of users. Want to learn more about social apps? Check out our Social App Report LinkedIn FAQ How many LinkedIn members actively post?
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