LinkedIn IPO Carries Risk, IMF Boss Pressured to Quit

"Like it was expected" LinkedIn raises the stock price for its initial public offering.

LinkedIn doesn't expect to make a profit that year, and that should always give investors pause. Still, expectations of big growth are likely to outweigh fear that LinkedIn is asking too much for its shares.

LinkedIn now expects to sell more than 9 million shares at as much as $45 each, according to a Securities and Exchange Commission filing today. At that price, the IPO would raise more than $400 million for LinkedIn, its underwriters and investors including co-founder and Executive Chairman Reid Hoffman, Sequoia Capital, Greylock Partners and Bessemer Venture Partners.

Besides shares are expected to be priced today, and trading will begin Thursday on the New York Stock Exchange under the "LNKD" ticker symbol, according to AP.