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LinkedIn Soars in First Day of Trading
It looks as though LinkedIn's first day of trading went rather well.
The dramatic uptick started early--the company's stock, which opened at $45, had more than doubled just after 7 a.m. PT today to better than $92 per share, and then bounced for a while between $80 and $98. By midday, LinkedIn's shares continued to hit new highs, topping out at $122.70.