What happened to LinkedIn stock?
"The merger between LinkedIn Corporation and a wholly owned direct subsidiary of Microsoft Corporation became effective on Dec. 8, 2016. Each share of Class A common stock was converted into $196.00 in cash, without interest and subject to any applicable withholding taxes," the filing stated.
Why did LinkedIn shares double in their debut Thursday?
Click the chart for more on LNKD. NEW YORK (CNNMoney) -- LinkedIn shares more than doubled in their debut Thursday, a sign that investors may be eager for other hot social networking companies to soon go public. LinkedIn priced its initial public offering at $45 a share, the high end of its range, late Wednesday.
Who's selling shares of LinkedIn?
Who's selling shares: LinkedIn itself sold about 4.83 million shares, and existing stockholders are selling about 3 million. LinkedIn co-founder Reid Hoffman and his wife, Michelle Yee, sold about 115,000 shares. They still own more than 20% of the company's stock -- which is worth about $1.8 billion at Thursday's closing price.
How much did LinkedIn's stock price skyrocket today?
According to Business Insider, LinkedIn's stock price skyrocketed from about $40 to almost $100 just today after the company announced they were going public. Here's some questions you may have had about LinkedIn and the future of IPOs:
Is LinkedIn stock publicly traded?
LinkedIn Corporation stock price live 195.98, this page displays NYSE (LNKD) stock exchange data.
What did LinkedIn IPO at?
$45 a shareLinkedIn priced its initial public offering at $45 a share, the high end of its range, late Wednesday. Shares of LinkedIn, which caters to businesses and job seekers, began trading Thursday on New York Stock Exchange under the ticker symbol LNKD (LNKD).
How much did LinkedIn IPO for?
$45 per shareAs we learned yesterday, LinkedIn priced its IPO at $45 per share, giving the company a valuation of $4.5 billion. Today, the company began trading at $83.00 per share, a 84 percent increase from $45 per share. That's a $7.8 billion market cap. It's now up to $90 per share, but is fluctuating.
What is the stock price of LinkedIn?
195.96Key Turning Points52-Week High239.48Last Price195.96Fibonacci 61.8%185.53Fibonacci 50%168.86Fibonacci 38.2%152.201 more row•Dec 7, 2016
When did Microsoft purchase LinkedIn?
June 13, 2016Microsoft told investors what it could do with LinkedIn in a PowerPoint presentation it showed on the day the $26.2 billion deal was announced. It was June 13, 2016. Some of those ideas have been implemented since the deal was finalized, three years ago this month.
What was Facebook IPO price?
$38Through 10 years as a public company, Facebook stock has gained more than 415% from its IPO price of $38, while the S&P 500 index SPX, -0.13% has gained 284.2%.
How can I check my IPO allotment status in NSE?
Check IPO Allotment Status Through NSEHover your mouse over the 'Invest' section and click on 'Check Trade/Bids'Enter your Username and Password and verify the captcha to log in.You can check the status of your IPO bid and allotment on the next page.
How can I get LIC IPO?
The IPO application process While there, select LIC IPO and look for the Policyholder category. Simply enter your details and make a bid. Once you submit your bid, you will receive a mandate from the sponsor bank. Your application process will be complete once you accept the mandate.
Can I buy shares in LinkedIn?
Can I buy LinkedIn shares? While you can't invest directly in LinkedIn, you can buy Microsoft shares, which is the company that owns LinkedIn. Microsoft is listed on the NASDAQ with stock code MSFT.US the current share price is $247.65 (25 minute delay).
What company owns LinkedIn?
Microsoft CorporationLinkedIn Corporation / Parent organizationMicrosoft Corporation is an American multinational technology corporation which produces computer software, consumer electronics, personal computers, and related services. Wikipedia
Is LinkedIn profitable for Microsoft?
Yesterday, Microsoft announced Q4 FY21 Earnings. Included in the report on the financial performance were the following LinkedIn highlights: In Q4 FY21, LinkedIn's revenue surpassed $10 billion for the first time, up 27%.
How much did LinkedIn lose in 2009?
In 2009, its last full fiscal year, LinkedIn had a loss of $4 million on sales of $120.2 million. The company has been in the red every year except 2006, when it turned a slight profit on revenue of $32 million. The company isn't hurting for cash: It's currently sitting on a stash of $89.6 million.
How many users does LinkedIn have?
The professional networking site launched in May 2003, and it's now adding one new user every second. LinkedIn has more than 90 million users, with more than half of its members located outside of the United States.
Who said IPO is a tactic?
In an August interview with Bloomberg, CEO Jeff Weiner said, "an IPO, being public, raising money -- that's really a tactic that helps us ultimately achieve that long-term objective.".
Who owns class B shares?
Google and Facebook have similar structures. Co-founder Reid Hoffman and other executives hold Class B shares, which have 10 times the voting power of the Class A shares LinkedIn will sell to the public.
How much did Jeff Weiner make in 2010?
CEO Jeff Weiner pulled in a $250,000 salary and a $211,055 bonus in 2010. LinkedIn has a dual-stock structure, which gives the company's insiders sigificant control over shareholder decisions even after others become stockholders. Google and Facebook have similar structures.
Who owns LinkedIn shares?
LinkedIn co-founder Reid Hoffman and his wife, Michelle Yee, sold about 115,000 shares. They still own more than 20% of the company's stock -- which is worth about $1.8 billion at Thursday's closing price. The company will not receive any proceeds from the sale of shares by the stockholders.
How much did LinkedIn make in 2010?
In 2010, the company's last full fiscal year, it earned $15 million in profit on sales of $243 million.
How much is LinkedIn worth?
At that price, LinkedIn is valued at about $9 billion. The company raised more than $350 million in its offering, making it one of the largest tech IPOs since Google ( GOOG, Fortune 500) in 2004.
Why did people get down on the NYSE?
People then began to get down on the NYSE because of the specialist system, which had changed from a means to guarantee liquidity to a way to make a few unknown firms very wealthy.
How much does the NYSE charge?
The NYSE charges an initial $250,000 and an annual fee for trading of as much as $500,000, Tausche said, while the Nasdaq asks for $225,000 up front and as much as $99,500 annually.
How many shareholders are required to be on the NYSE?
On a per share basis shares must be priced at a minimum of $4. Also, NYSE companies must also have at least 400 shareholders.
What are the indices on the Nasdaq?
indices on nasdaq are NASDAQ composite, NASDAQ -100 , NASDAW biotechnology and nyse include Dow Jones Industrial average,S&P 500 and NYSE composite. nyse opened in 1792 and nasdaq 179years later in 1971. as per forbes nasdaq stocks perform better than that of nyse.
Is the NYSE prestigious?
Dick Karp is right about the prestige issue. The NYSE is still seen as more prestigious by some (particularly many foreign investors), and that was likely a consideration for LinkedIn, given its focus on professionals and interest in not being grouped with consumer-oriented social networking companies.
Is AAPL a NASDAQ stock?
AAPL never traded on the NYSE, it began as a NASDAQ stock and remained a NASDAQ stock. When it could have gone to the NYSE, it chose to remain on the NASDAQ. This was a big decision at the time, because most stock decamped to the NYSE as soon as their market cap and liquidity qualified them.
