LinkedIn IPO Shares Boom Upto $122 On First Trade Biggest IPO In 2 Years

none

Previously derided as a "Facebook for losers," LinkedIn's sky-high valuation suggests founder Reid Hoffman--now reportedly worth over $800 million--may be having the last laugh. At the same time however, it raises questions about the sustainability of these web businesses, and whether the bubble could burst

LinkedIn will likely hold onto most of its gains by the time the market closes today, says Paul Bard, vice president of Renaissance Capital and an IPO expert. He added that over the next week or two, investors should expect to see LinkedIn's shares settle into some type of trading range

But let’s not break out the confetti just yet. Here are three reasons to be deeply concerned about LinkedIn and the health of the IPO markets

Tags: linkedin, linked in ipo, linkedin stock symbol, ipo, glencore ipo, linkedin ipo, linkedin ipo details, linkedin ipo reviews, linkedin ipo soars