LinkedIn has priced its shares at $45 each ahead of Thursday’s initial public offering, the high end of an already significantly increased range for the company’s stock.
As reported earlier in the week, that values LinkedIn at more than $4 billion and means the company will be adding more than $350 million to its coffers following the offering. It will also make LinkedIn founder Reid Hoffman a near-billionaire, with his stake valued at $855 millionat the $45 per share price.
While the pricing represents an aggressive valuation by most standards, the majority of Mashable readers — 59% at press time — seem to think LinkedIn is still a “buy” (be sure to vote in our poll).
LinkedIn’s shares will be traded on the New York Stock Exchange under the symbol “LNKD.”
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