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LinkedIn stock plummets 30% on tepid outlook

Posted online February 5, 2016 | 12:28 pm

Shares of LinkedIn tanked in premarket trading Friday, falling 30 percent after the company gave a somewhat conservative outlook for the current quarter.

The company announced its sales likely would come in 6 percent lower Wall Street projections.

Earnings per share are projected to be 27 percent below analysts' expectations.

Read more from CNNMoney.

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