LinkedIn Gets Crushed on Weak Outlook Despite Earnings Beat

Keep an eye on LinkedIn Corp (LNKD) shares in Friday's trading session. The stock plummeted more than 25% late Thursday, following its weak second quarter and full year outlook. Still, the company reported better than expected first quarter earnings. But, the professional networking site issued disappointing outlook, citing foreign exchange and impacts from its recent Lynda.com acquisition. Looking ahead, it sees second-quarter earnings and revenue below analysts' expectations. LinkedIn also forecasts full year earnings and revenue below the consensus estimate. TheStreet's Kurumi Fukushima reports in New York.