"But investors have recently become enamored of all things social and mobile, and have become particularly enchanted by the fast growth of mobile advertising revenue at social networking companies. Facebook’s shares hit a record high this week and ended Thursday at $44.75, well above the $38 I.P.O. price. LinkedIn, the business-oriented social network, is trading at nosebleed levels, even after selling another $1 billion in stock to investors in a secondary offering."A Short Post, a Big Splash: #TwitterIPO - NYTimes.com
Friday, September 13, 2013
A Short Post, a Big Splash: #TwitterIPO - NYTimes.com
#HerdMentality
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