LinkedIn Plunges After Q1 Results; Outlook Weak
May 02, 2013 at 20:23 PM EDT
LinkedIn (NASDAQ: LNKD ) released its fiscal first-quarter earnings results after the closing bell on Thursday. The company reported both earnings and revenue well above consensus estimates, but its Q2 guidance was weak. As a result, the stock was trading down around 10 percent in late trade to $181.60.