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LinkedIn’s huge gains mostly go to big investors—again

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LinkedIn’s initial public offering will go down in the record books as one of the most stunning stock debuts in recent market history, but the returns to small investors were far smaller than to the big guns.

Big institutional funds made a killing off a stock they were allowed to buy for $45 and sell on the open market for $83 and up. The stock had registered a jaw-dropping gain of 137 percent by midday trading.

Full story: LinkedIn’s huge gains mostly go to big investors—again

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Steven Nelson (admin)