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LinkedIn has 5th largest first day gain in post bubble era

May 19, 2011

LinkedIn (LNKD) closed its first day of trading up over 100% from its IPO price of $45 in its NYSE debut, making it the fifth largest first day gain for US listed IPOs in the post bubble era.

Top First Day Gains For US listed IPOs Since 2001

Company Name Symbol Offer Date Offer Price First Day
Return
Baidu.comBIDU08/04/05$27.00354%
Youku.comYOKU12/07/10$12.80161%
Qihoo 360 TechnologyQIHU03/29/11$14.50134%
NYMEXNMX11/16/06$59.00125%
LinkedInLNKD05/18/11$45.00109%
JED OilJDO04/05/04$5.50104%
Chipotle Mexican GrillCMG01/25/06$22.00100%
athenahealthATHN09/19/07$18.0097%
ChinaCache InternationalCCIH09/30/10$13.9095%
Under Armour Inc.UA11/17/05$13.0095%