Just in off the press, Microsoft has purchased LinkedIn.com for a whopping $21 BILLION. Yes, that’s billion with a B.
LinkedIn.com Purchased for $21 Billion
I just read the report on this page.
The Stock price of LinkedIn has dipped by 43%, shaving an $11 Billion (again with a B) off it’s market value, since February alone.
It’ll be interesting to watch what happens here. I personally use LinkedIn and love the platform. It’s a great way to connect with people and find new people to associate with in a very professional manner. It’s less distracting than Facebook and much more useful than any other business networking application out there.
I’ll keep an eye on the LinkedIn stock price and reflect back on this over time. Right now the stock is trading at $190.45. As an avid trader, I’ll keep an eye on this and alert you should there be any big moves on this or any other tech giants.
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- Stock price for Linked In
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