Latest IPO Financial Stories
Business-oriented social networking site LinkedIn said an initial public offering (IPO) will likely raise 30 percent more than previously expected, a positive sign that investors are eager to bet on social networks. LinkedIn, which plans to set the IPO price Wednesday night and begin trading on the NYSE under the symbol LNKD on Thursday, had originally planned to sell 7.84 million shares at $32 to $35 each. But in an updated filing with the Securities and Exchange Commission (SEC) on...
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- Tipsy; slightly intoxicated.