Hot IPO Momo Stock Update: Linkedin, Angie’s List, Groupon

Linkedin Corp. (NYSE:LNKD): LinkedIn offered8.75M minimally discounted shares. Combined with the post-IPO leap of Angie’s List (NASDAQ:ANGI) shares, it seems that Internet and social media companies are still hot with investors. LNKD shares recently traded at $72.83, down $2.09, or 2.79%. Its market capitalization is $7.02 billion. They have traded in a 52-week range of $60.14 to $122.70. Volume today was 932,627 shares versus a 3-month average volume of 882,611 shares. The company’s trailing P/E is 520.21, while trailing earnings are $0.14 per share. Get the most recent company news and stock data here >>

Angie’s List (NASDAQ:ANGI): Angie’s List’s first post-IPO trades went as high as $18 from the original price of $13. ANGI shares recently traded at $15.90, down $0.36, or 2.21%. Its market capitalization is $415.63 million. They have traded in a 52-week range of $N/A to $. Volume today was 221,737 shares versus a 3-month average volume of N/A shares. The company’s trailing earnings are $-1.19 per share. Get the most recent company news and stock data here >>

Groupon, Inc. (NASDAQ:GRPN): Fund manager John Mattera is arrested for operating an $11M scam in which he fraudulently claimed he could get Facebook and Groupon shares for investors. According to court documents, he tricked investors into depositing funds into presumed escrow accounts to be held until the IPO, and later transferred the money to his personal account. GRPN shares recently traded at $24.69, down $0.08, or 0.32%. Its market capitalization is $15.75 billion. They have traded in a 52-week range of $22.76 to $31.14. Volume today was 310,426 shares versus a 3-month average volume of 7,695,620 shares. The company’s trailing earnings are $-2.17 per share. Get the most recent company news and stock data here >>

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