"We were particularly impacted in Europe, where the ongoing shift of programmatic advertising caused a drop in demand for our traditional display products," Steve Sordello, chief financial officer at LinkedIn, said during a call with shareholders Thursday.
LinkedIn Corp (NYSE:LNKD) closed below $200 on 5/5/15 for the first time since the end of October 2014, having collapsed from prices above $250 a share just last week following its disappointing earnings report.
Bidness Etc discusses the latest insider selling activity at LinkedIn Corp (NYSE:LNKD), Adobe Systems Incorporated (NASDAQ:ADBE), American Express Company (NYSE:AXP), American Airlines Group Inc (NASDAQ:AAL), and Boeing Co (NYSE:BA).
So, moving on to the big news of the day -- the big stock price move of the day, of course, is LinkedIn. They reported earnings after the market closed yesterday -- absolutely decimated after hours trading.
EVP/Chief Operating Officer Robert Isom unloaded 197,344 American Airlines Group Inc shares valued at $9,709,581 on May 1. Isom now holds 623,815 of the company's shares that are valued at $30,535,744.
Social media company Twitter Inc. and drugmaker Pfizer Inc. report results Tuesday, followed by professional networking site LinkedIn Corp. and oil and gas giant Exxon Mobil Corporation on Thursday. The stronger U.S. dollar will have the largest ...