Investors Going Crazy About LinkedIn, IPO Price Jacked Up 30% To $4.1 Billion

jeff weiner linkedin
LinkedIn CEO Jeff Weiner

[credit provider=”Photo by Flickr user Iantzilla” url=”http://www.flickr.com/photos/lantzilla/8171659/”]

There is so much demand for the stock of social network LinkedIn (LNKD) that the company has boosted its IPO price by 30%, to ~$4.1 billion.The shares will now be priced at $42-$45 apiece, up from $32-$35.

Cue more (silly) bubble hysteria.

(Reuters)

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