Is there a bubble in LinkedIn's stock price?
Risk Management
2011-05-31 v1 Statistical Finance
Abstract
Recent academic work has developed a method to determine, in real time, if a given stock is exhibiting a price bubble. Currently there is speculation in the financial press concerning the existence of a price bubble in the aftermath of the recent IPO of LinkedIn. We analyze stock price tick data from the short lifetime of this stock through May 24, 2011, and we find that LinkedIn has a price bubble.
Keywords
Cite
@article{arxiv.1105.5717,
title = {Is there a bubble in LinkedIn's stock price?},
author = {Robert Jarrow and Younes Kchia and Philip Protter},
journal= {arXiv preprint arXiv:1105.5717},
year = {2011}
}