LinkedIn Stock Plunges after 2015 Q4 and Year-End Results Announced
Last Thursday LinkedIn (NYSE:LNKD) reported its fourth quarter and year-end 2015 results. Though LinkedIn CEO Jeff Weiner called it a “strong quarter” and a “successful year of growth and innovation,” investors didn’t agree. In fact, LinkedIn stock took a nosedive the following morning, with share prices dropping more than 40%, reducing the company’s value by $10 billion, according to CNBC. In its earnings statement last week, the professional social media platform reported total Q4 revenue of…
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