LinkedIn and Monster Have Work to Do
Last Thursday, LinkedIn (LNKD) announced results for its fourth quarter and fiscal year 2012, and the stock shot into the stratosphere. Management will be meeting with investors over the next month to keep up the good vibrations. LinkedIn's success is coming from the demise of Monster Worldwide (MWW).
Monster and LinkedIn both reported results that day, and their reports couldn't be more different. Monster reported in-line earnings per share and a 10% decline in revenue. LinkedIn reported a fabulous quarter that blew away the most optimistic forecast. For the fourth quarter, LinkedIn grew revenue 80.95% to $304 million. The stock jumped 21% as overjoyed investors celebrated the news....371 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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