Shares of LinkedIn Corporation (LNKD) Sees Large Outflow of Money

LinkedIn Corporation (LNKD) : The value of composite uptick trades was $16.9 million, whereas, the value of composite downtick trades was $54.22 million. The uptick to downtick ratio stood at 0.31 with a negative money flow of ($37.32) Million during Thursdays trading session. The block trades money flow was negative ($35.41 million). The transaction of the trades on downticks amounted to $35.41 million, which confirms investors selling on the strength of price. LinkedIn Corporation (LNKD) gained 6 cents at $190.51, an increase of 0.03% over the previous days close.


LinkedIn Corporation (LNKD) has been rated by 23 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $300 and the lowest price target forecast is $130. The average forecast of all the analysts is $197.96 and the expected standard deviation is $38.66. The stock has recorded a 20-day Moving Average of 4.54% and the 50-Day Moving Average is 27.12%.

LinkedIn Corporation (NYSE:LNKD): The stock opened at $190.41 on Thursday but the bulls could not build on the opening and the stock topped out at $190.55 for the day. The stock traded down to $190.13 during the day, due to lack of any buying support eventually closed down at $190.20 with a loss of -0.13% for the day. The stock had closed at $190.45 on the previous day. The total traded volume was 1,422,048 shares.

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.

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