Microsoft purchased LinkedIn in 2016 in a deal that was reported to be worth more than $26 billion.Microsoft has been a reliable stock investment for many years and continues to show signs of growth, even as the economy struggles. Traders could either choose to invest in other similar publicly traded companies or indirectly invest through Microsoft.īoth options could be excellent investment decisions in the longer-term. Microsoft finalized its purchase of LinkedIn in 2016.Įven after the acquisition, the company continues to show sharp increases in annual revenue projections. The only way to invest in LinkedIn is to buy the brand’s parent company stock.īy investing in Microsoft Corporation, you are indirectly also investing in LinkedIn’s brand. Unfortunately, investors can only indirectly invest by purchasing shares in Microsoft at this time, since the company was delisted from the stock exchanges in 2016.Īs we’ve mentioned, there’s no LinkedIn stock symbol on any stock exchange anymore. This sharp increase is only one of the reasons that so many investors are interested in this particular company. Two years later and we’re in 2022, where the company’s recent revenue projections showed that the company expected to produce more than $13.6 billion in annual revenue. In 2020’s calendar year, LinkedIn reported a revenue of approximately $8 billion dollars. In December of 2016, LinkedIn was delisted from the stock market and all active shareholders were compensated about $196 per share. Microsoft spent more than $26 billion dollars to complete the purchase. In December of 2016, Microsoft announced the completion of its deal to acquire LinkedIn. Microsoft hasn’t always owned the LinkedIn brand. Has Microsoft Always Been LinkedIn’s Parent Company? If you’re curious as to why, it’s because Microsoft Corporation bought out LinkedIn several years ago. LinkedIn was founded back in 2002 and has been in operation for two decades.Įxperienced investors may remember seeing LinkedIn’s stock symbol in the past, but that is no longer the case. Investors won’t directly find a LinkedIn stock symbol anymore, but there is a way to indirectly invest in this company through its new parent organization. The company is now headquartered out of Sunnyvale, California. The company was founded in Mountain View, California in 2002. LinkedIn stock: LinkedIn is well known as an online network that promotes job listings and employees seeking work.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |