
So far, IPOs have dominated tech news in 2011. It has been over a decade since son many tech companies have been racing to go public, and there are still many big names in line for listings this year on NASDAQ and NYSE.
LinkedIn was one of the most hyped tech IPOs of the year, mostly because it was among the first major social media firms to go public. It's IPO priced at $45 a share on the NYSE, and then began trading at $83.00 per share on May 19. That price values the company at a market cap of almost $8 billion. In its first day of trading alone, the shares popped to a sky high price of $122.70, which shot its market cap past the $10 billion mark. However, the hype quickly faded and over the next month the price dropped down to the $60 per share range, before rebounding to a recent high of $95.00.