Getting your player ready...
NEW YORK — Professional networking website LinkedIn Corp. hopes to sell its stock for $32 to $35 per share in an upcoming initial public offering. Its IPO might encourage other growing Internet services to make their stock-market debuts during the next year.
The price target, set in a filing Monday with the Securities and Exchange Commission, signals that LinkedIn is nearly ready to complete its IPO. The shares are expected to be sold May 18, said IPO analyst Scott Sweet.
