Tag Archives: lnkd

LinkedIn Lifts As Top Tech Stocks Fall From New Highs

Top tech stocks edged down with the major indexes that declined about 1% Monday, but IBD 50 stock LinkedIn (LNKD) bucked the trend. It closed up 1.6% at 254.52. The business social network topped expectations in its third-quarter report Oct. 29. Its stock chart shows that it’s nearing a possible 276.28 buy point from a cup base. Google owner Alphabet (GOOGL), Amazon.com (AMZN), Facebook (FB) and Priceline Group (PCLN) all set new highs last week

LinkedIn Price Target Hiked After Strong Q3 Earnings

LinkedIn (LNKD) received several price-target increases after posting third-quarter earnings and fourth-quarter guidance late Thursday that both beat Wall Street expectations. LinkedIn stock was up 12%, at a six-month high near 243, in midday trading on the stock market today. LinkedIn reported revenue of $780 million, topping the consensus estimate of $755.8 million and up 37% from the year-earlier quarter. Earnings per share minus items of 78

LinkedIn Eases Concerns With Strong Q3 Earnings

As it digests a major acquisition and undergoes a workforce rebalancing, LinkedIn reported better-than-expected third-quarter earnings after the market close Thursday. The networking site for professionals also raised fourth-quarter guidance, sending its stock higher in after-hours trading. LinkedIn (LNKD) reported revenue of $780 million, topping the consensus estimate of $755.8 million and up 37% from the year-earlier quarter.