LinkedIn fails to connect with investors

LinkedIn fails to connect with investors

LinkedIn fails to connect with investors Shares in LinkedIn fell by around 20 per cent Thursday after the professional networking and media firm announced that the year was not going to be as good as it had hoped. In February the firm was predicting revenue of up to $2.95 billion for the year; yesterday it said it would be around $2.9 billion, blaming the dollar for the difference. It also has one-off costs associated with its acquisition of online learning business lynda.com