LinkedIn shares dive more than 40 per cent, $US11 billion wiped out – Sydney Morning Herald


Sydney Morning Herald
LinkedIn shares dive more than 40 per cent, $US11 billion wiped out
Sydney Morning Herald
LinkedIn Corp’s shares plunged as much as 43 per cent on Friday, wiping out nearly $US11 billion ($15.56 billion) of market value, after the social network for professionals shocked Wall Street with a revenue forecast that fell far short of expectations.
LinkedIn shares drop 43% as weak forecast spooks investorsThe Guardian
LinkedIn shares fall 40 percent, reducing market cap by $10 billionDigital Trends
LinkedIn skids 40%, erases $10B in market capCNBC
Reuters -Los Angeles Times -Irish Independent
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