After the quarterly published yesterday at the close of trading, LinkedIn is starting on Wall Street with a decline close to 10%. While on the one hand the results exceeded expectations, on the other the forecasts for 2014 disappointed expectations.
The social network dedicated to the world of work, which had already lost 11% after the market, lost 9,37% in the first few minutes of trading to 203 dollars per share, slightly exceeding the minimum for the session set at 202,6. $XNUMX per share.
Market capitalization fell to $24,24 billion. LinkediN reported profit of $3,8 million in the fourth quarter, down 67%, but above expectations. Revenue rose 47% to $447 million, more than expectations for $437 million.
