Robert DeFrancesco’s

TechStockProspector.com
May 19, 2011

LinkedIn (LNKD) Jumps 103% from IPO Price

Shares of LinkedIn (LNKD, $91.50) opened for trading this morning at $83 after
being priced at $45. The stock made it up to a high of $92.99. With this surge, the
company is currently valued at around $8.5 billion.

It’s estimated that the professional social networking company could see revenue
topping $500 million this year, up from $243.1 million in 2010. The 2013 revenue
estimates are all over the board, with a high estimate of $1.5 billion.

Here is the revenue breakdown for the past five years:

Year Revenue
($mil)
2010 $243.1
2009 120.1
2008 78.7
2007 32.4
2006 9.8

Tech-Stock Prospector Managing Editor Rob DeFrancesco has more than 20

years of experience covering the tech sector. He is a former senior writer with
Louis Rukeyser’s Wall Street.

TechStockProspector.com, launched in 2003, is an investment-research service

focused primarily on the networking, storage, security, wireless and software
sectors. Annual subscription: $350. For more information or to place an order,
call 800-392-0998.