As social networking sites are Booming high with increase in income a social network styled site LinkedIn is dropping down with loss every year. As for latest updates LinkedIn is just earning 52$ every minute and this is low compared to their investments.
"We believe that Street expectations were running too high, and that (LinkedIn) is trying to level set those expectations," CRT Capital analysts wrote in a note, cutting their price target to on the stock to $225 from $235.
Many shares are dropping down slowly that compared with previous year and this might be the down fall of this different conceptual social network, LinkedIn may also be included in one of popular social networking sites of present and may end in few more years.
