LinkedIn Corp (LNKD): Today's Featured Internet Loser

LinkedIn ( LNKD) pushed the Internet industry lower today making it today's featured Internet loser. The industry as a whole closed the day down 1.8%. By the end of trading, LinkedIn fell $2.38 (-2.3%) to $103.21 on light volume. Throughout the day, 1.7 million shares of LinkedIn exchanged hands as compared to its average daily volume of 3.7 million shares. The stock ranged in price between $102.64-$107 after having opened the day at $104.94 as compared to the previous trading day's close of $105.59. Other company's within the Internet industry that declined today were: Deltathree ( DDDC), down 52.5%, ModusLink Global Solutions ( MLNK), down 8.3%, Facebook Inc Class A ( FB), down 8.1%, and Tudou Holdings ( TUDO), down 5.4%.

LinkedIn Corporation operates an online professional network. LinkedIn has a market cap of $6.52 billion and is part of the technology sector. The company has a P/E ratio of 697.6, below the average internet industry P/E ratio of 872 and above the S&P 500 P/E ratio of 17.7. Shares are up 66.1% year to date as of the close of trading on Friday. Currently there are nine analysts that rate LinkedIn a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates LinkedIn as a sell. Among the areas we feel are negative, one of the most important has been premium valuation based on our review of its current price compared to such things as earnings and book value.

On the positive front, j2 Global ( JCOM), up 8.5%, LiveDeal ( LIVE), up 3.9%, ChinaCache International Holdings ( CCIH), up 3.3%, and MeetMe ( MEET), up 3%, were all gainers within the internet industry with AOL ( AOL) being today's featured internet industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the internet industry could consider First Trust Dow Jones Internet Idx ( FDN) while those bearish on the internet industry could consider ProShares Ultra Short Technology ( REW).

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