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When is the date of LinkedIn IPO?

When is the date of LinkedIn's Initial Public Offering?

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LinkedIn is set to go public Thursday morning May 19th, 2011 on the New York Stock Exchange, is one of the most eagerly awaited initial public offerings in years. LinkedIn will trade under the symbol LNKD

The professional social network LinkedIn priced its public offering at $45 a share. At that price, LinkedIn will raise $352.8 million, valuing the company at $4.3 billion. It is set to offer 7.8 million shares, with shareholders selling about three million shares.

At $352.8 million, Linkedin’s offering will be the fifth largest for the Internet software and services sector in the United States, according to data from Capital IQ and Standard & Poor’s. Google’s offering in 2004 still stands as the largest, at $1.67 billion.

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