Initial Reactions to LinkedIn’s Earnings Report
- August 2nd, 2012
LinkedIn Earnings – a lot of noise for nothing. It seems that market has already discounted the negative sentiment surrounding the social media universe as the reaction to LinkedIn’s earnings was quite timid. $LNKD is up about 4% in the after-hours session and it seems the biggest winners are option sellers that have priced about 11% move in the stock. EPS were in line of expectations: 16 cents. Sales came above the consensus estimate.
LinkedIn discussed the results directly on StockTwits:
Market reaction to earnings is the main data point that matters and the true reflection of current market sentiment. Nevertheless, it is extremely useful to look at how people are analyzing the data in real time, not only to gauge social sentiment, but also to gain deeper understanding of the underlying industry:
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.blog comments powered by Disqus
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