Professional network LinkedIn is making some investors on Wall Street awfully happy.
In premarket trading this morning, LinkedIn shares were up over 10 percent to $102.90. In early morning trading, the company's stock has risen to $106.83, helping it to boost its market capitalization to over $11 billion. Since the beginning of the year, LinkedIn's shares are up 70 percent.
LinkedIn's strong showing today has resulted from its impressive performance during the second quarter. The professioinal network yesterday reported that it earned a $2.8 million profit during the second quarter on $228.2 million … Read more