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Thursday, May 19, 2011

LinkedIn IPO big success

LINKEDIN LIKE FLYNN: LinkedIn shares opened at $83 this morning on the NYSE, up 84% from its IPO price of $45 (see 5/18 item below). It was recently changing hands at $85.99 a share, the Wall Street Journal notes, up 91%, valuing the company at nearly $9 billion. The IPO of the business social networking site had priced at the high end of its expected $42 to $45 range, which was boosted by $10 earlier this week in the face of strong demand. (5/19a)

 
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HITS LIST: AROUND
THE MAYPOLE
The biz springs into motion. (5/13a)
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MALONE, WALLEN APPEAR NOT TO NEED "HELP" ACHIEVING MILESTONE
A genre-obliterating collab (5/13a)
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RAJ KAPOOR: STACKING THE STARS, MAKING THE ACMs SHINE
Producer putting the finishing touches on Thursday's show. (5/13a)
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WHAT'S NOT TO "LIKE?" HUGE STREAMS FOR KING KENDRICK
No longer keeping his diss-tance. (5/13a)
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NEW RELEASES: "HELP" ARRIVES, SWIFT EXTENDS STREAK
Post, Morgan and the ever-popular POETS (5/13a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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