The social network for professionals, was having its own Twitter moment on Thursday, and not in a good way.
The company reported fourth quarter earnings that were slightly higher than Wall Street’s consensus, but it doused any excitement over its results with its guidance for the first quarter, due to plans to increase its spending for future growth.which has been one of the best performing social media stocks since its IPO in 2011, saw its shares slump 12% in after-hours trading. Just as investors sold off Twitter Inc. TWTR -0.16% earlier Thursday, after it reported weaker than expected user growth, LinkedIn investors are worrying about the same issue.
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The company reported fourth quarter earnings that were slightly higher than Wall Street’s consensus, but it doused any excitement over its results with its guidance for the first quarter, due to plans to increase its spending for future growth.which has been one of the best performing social media stocks since its IPO in 2011, saw its shares slump 12% in after-hours trading. Just as investors sold off Twitter Inc. TWTR -0.16% earlier Thursday, after it reported weaker than expected user growth, LinkedIn investors are worrying about the same issue.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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