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LinkedIn Shares Reach Record High

Published on March 13, 2013
by Mike Isaac

Not two days after Kara Swisher reported that LinkedIn would soon acquire the Pulse news reader app for more than $50 million, shares of LinkedIn were trading at a record high on Wednesday morning, reaching $181.47 at their peak before settling back down around $179, a gain of about 2 percent for the day. The company also reported record earnings last quarter, outperforming analysts’ expectations.

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