LinkedIn, social networking site for professionals, will be recorded in the New York Stock Exchange (NYSE) under LNKD. There will be 7.84 million new shares at a price of U.S. $ 45 (nearly IDR385 thousand) per share. LinkedIn valuation will reach U.S. $ 4.5 billion.
LinkedIn decision to enter the stock market is the courageous decision, given the social networking business itself is not a
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