LNKD tanked this morning

[Michael J. Fletcher]

All social networks down too.

LinkedIn shares fall more than 28% on guidance http://www.cnbc.com/2016/02/04/linkedin-reports-q4-earnings.html

 

[gbakker]

Poor T. Rowe Price Group Inc... 10 mln shares LNKD long!
http://finance.yahoo.com/q/mh?s=LNKD+Major+Holders

That's an 800 million overnight loss.

As soon as the market has checked these... TROW will be down 3 - 5$

 

[marcoPolo21]

Investors Business Daily rates LNKD highly, for some reason

but,
they don't have any earnings, that i can see

marc

 

[Baron]

It's unbelievable to me that the LinkedIn website and mobile app requires over 8,700 employees. No wonder the company doesn't end up with a profit.

 

[Jamie J.]

The worst day for LNKD ever. I am more than surprised.

 

[neke]

Saw it down 28% yesterday evening. Never imagined it would come down to 45%. There appears to be a mass exodus from momentum names.

My momentum index (AAPL GOOG AMZN PCLN NFLX FB BIDU CMG LNKD TSLA) is getting crushed.

 

[S2007S]

Lnkd....

Every stock shines and then falls apart...gpro being another company...in due time you will see this happen to FB AAPL GOOG etc....

I don't know how many here use linked in but I never used it...not on twitter or Facebook....all this social networking hype is soon to hit a peak...people will hopefully one day realize that pictures of food and selfies and people lifting weights and their outfit of the day were just a fad and are long lost and forgotten about..

 

[Baron]

people will hopefully one day realize that pictures of food and selfies and people lifting weights and their outfit of the day were just a fad and are long lost and forgotten about..

I get where you're coming from but unfortunately what I'm seeing is that yesterday's selfies and pics of people working are easily forgotten because they are replaced by newer selfies and people working out right now. And the so the merry-go-round continues. That's more applicable to Instagram than LinkedIn.

I've honestly never understood the usefulness of LinkedIn though. I have a profile on there but it just seems like one big spam-a-thon. All I get an is an inbox of solicitations that I never asked for from people I've never heard of, and often they are in completely different industries (which makes no sense why they would even reach out to me).