prices. New growth companies go public and help lift the broad market to new highs (Apple, Google, Amazon, Facebook, LinkedIn , Tesla, etc.). At some point, millennials probably will get in on the stock market. Then many more people will reap
decreased our fair value estimate for LinkedIn LNKD to $225 per share from $240 after ..... highest percentage of revenue in LinkedIn 's history as a public company ..... decreased their quarterly spending with LinkedIn , according to the company. Furthermore
digit% declines last week in social media stocks [ TWTR, LNKD , YELP ]. Less than 50% of the SP500 stocks are now above their 50-dMA . And this is ..... Bearish stories: Social-media implosion/crash [ TWTR, YELP, LNKD ; despite their double-digit% declines, their P/Es remain
Pg M3, Trader: The selloff in social-media stocks [ TWTR -11% ; LNKD -20% ] so soon after Nasdaq-high spooked the investors. A much weaker Q1 GDP growth of +0.2% also added to the worries
(Reuters) - Another day, another shock for investors in social media stocks.
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weakness. More notable was an increase in enterprise churn, as several large customers decreased their quarterly spending with LinkedIn , particularly in the oil and gas vertical, according to the company. Furthermore, the company has also realigned its sales
* Cuts 2015 revenue forecast to $2.9 bln from $2.93 bln-$2.95 bln
April 30 (Reuters) - Corporate networking site LinkedIn Corp reported a 34.8 percent rise in quarterly revenue, driven by strength in its hiring business.