LinkedIn Corporation (LNKD) : On Monday, The money flowed into the LinkedIn Corporation (LNKD) stock with an uptick to downtick ratio was recorded at 1.2. Transactions worth $40.89 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $34.06 million. The total money flow into the stock was $6.83 million. The block trades reveal a bullish bias with an up-down ratio of 1.94. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $15.66 million of block transactions on upticks. The value of block trades on downticks was $8.08 million, indicating lower selling interest. The total money flow in block trades was $7.57 million. In terms of price action, LinkedIn Corporation (LNKD) traded down $0.21 during the session at $189.36. Compared to the previous days closing, the stock was down only by -0.11%. For the week, the stock is -0.57%, over previous weeks closing.
LinkedIn Corporation is up 60.68% in the last 3-month period. Year-to-Date the stock performance stands at -15.76%. LinkedIn Corporation has lost 0.35% in the last five trading days and dropped 0.9% in the last 4 weeks. In a related news, Wadors Patricia L, officer (SVP Global Talent Organization) of Linkedin Corp, unloaded 1,065 shares at an average price of $190.26 on July 12, 2016. The total amount of the transaction was worth $202,627, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
LinkedIn Corporation (NYSE:LNKD): stock turned positive on Monday. Though the stock opened at $189.5, the bulls momentum made the stock top out at $189.71 level for the day. The stock recorded a low of $189.27 and closed the trading day at $189.6, in the green by 0.02%. The total traded volume for the day was 1,124,888. The stock had closed at $189.57 in the previous days trading.
LinkedIn Corporation (LinkedIn) is a professional network on the Internet. The Companys three product lines include Talent Solutions, Marketing Solutions and Premium Subscriptions. All three product lines are sold through two channels, an offline field sales organization, which engages with both large and small enterprise customers, as well as an online, self-serve channel, which includes enterprise customers and individual members purchasing subscriptions. The Companys solutions include Free Solutions and Monetized Solutions. Its Free Solutions includes the service to manage professional identity, service to build and engage with professional networks, access to knowledge, insights and opportunities and ubiquitous access. The Company also provides other solutions, which provide members, enterprises and professional organizations with functionality and additional benefits.