At first
glance, LinkedIn’s second quarter results, released Thursday after the close of
markets, looked stellar. After lowering its forecasts earlier in the year,
reorganizing its sales unit and trying new advertising strategies, the Mountain
View, Calif.-based company beat revenue and earnings expectations and raised
its forecast for the remainder of the year. Shares shot up as much as 15% in
after-hours trading. But investors' enthusiasm didn’t last.
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