Wall Street hasn't seen an IPO like LinkedIn's in years. Huge demand for social media — and the kind of growth LinkedIn has reported — it more than doubled after its open at $45, soaring as high as nearly $123.
Stocks traded modestly higher amid weak economic news, falling oil prices, and a strong debut for LinkedIn's initial public offering.
The "Mad Money" host comments on the social networking company's market debut.
"LinkedIn is outrageously overvalued and preposterous," CNBC's Jim Cramer tells CNBC's Mandy Drury.
Discussing recent stock weakness and future growth prospects for the world's largest video game retailer, with Paul Raines, GameStop CEO.
Dick Parsons, Citigroup chairman, weighs in on techology's newest phenomenon, social media companies and placing valuation on Citi's stock.
Stocks turned lower after several surprisingly weak economic reports and despite a strong debut for LinkedIn's initial public offering.
LinkedIn Chief Executive Jeff Weiner is not concerned about the current high valuation of his company, he told CNBC Thursday.
Investors are eager to buy a piece of social media companies. LinkedIn, the first major social media company to go public, just priced it's IPO at $45. That's the very top of the $42-$45 range the company announced earlier this week, which is 30 percent higher than it originally expected to price.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
LinkedIn IPO prices at $45, at top of range, with CNBC's Julia Boorstin.
Travelers will book one-third of their travel plans online by the end of next year. But online travel pioneer Orbitz expects to see competitors as some airlines try to cut out the online middleman.
So here's how Cramer's playing it.
Priceline continues to capture share in emerging markets where Internet penetration is low, the CEO of Priceline told CNBC Wednesday. "I think there is a lot of running room in those markets," Boyd said.
Just days after Sony brought its PlayStation Network back to life after one of the biggest online security breaches in history, the company may have another problem on its hands.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
Despite the sluggish growth in the personal computer (PC) market, Dell maintains tablets are far from replacing desktop computers, especially in the workplace.
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Every time some big clumsy corporate behemoth buys a popular consumer-tech product, David Pogue cringes. It almost never works out.
The glut of sales and initial public offerings (IPO) in the social media sector expected during this year could be indicative of a tech bubble similar to a decade ago, analysts have told CNBC.com.