Tech

LinkedIn prices IPO at $45 a share

Associated Press Contributor

LinkedIn’s initial public offering priced at $45 a share Wednesday.

Shares of the social networking service for professionals will begin trading Thursday on the New York Stock Exchange under the symbol LNKD.

The 8-year-old company will make its stock market debut with a value of $4.3 billion as investors clamor to get a piece of the most hotly anticipated IPO out of Silicon Valley in years and the biggest from a U.S. Internet company since Google set the gold standard nearly seven years ago when it went public.

Full story: LinkedIn prices IPO at $45 a share | Technology | Los Angeles Times