“LinkedIn Corp. raised its price range for an expected initial public offering this week by 30%, a strong indication that demand is running high for its shares, and an increase not seen since the dot-com bubble of a decade ago.
The company, which is set to price its shares on Wednesday night and begin trading on the New York Stock Exchange on Thursday, originally planned to sell 7.84 million shares at between $32 and $35 apiece. In a revised filing Tuesday with the Securities and Exchange Commission, the company set a new price range of between $42 and $45 a share.”
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