LinkedIn explodes onto the stock market as share price skyrockets over 150 percent

You want an action-packed IPO?

LinkedIn debuted on the market today at $45, but immediately exploded upward, cracking $90, and then still pushing further, touching as high as $120, a rise of well over 150 percent.

Is this the next stage of a social media tech bubble? It’s difficult to say, but one thing’s for certain – some people and institutions have gotten very wealthy today.

LinkedIn is trading on the NYSE under the ticker symbol LNKD.