The options were expecting about a $9.00 move in the stock and according to current prices, the move is going to be outside of that. The ‘at the money’ straddle was just about $9.50 too.  Today’s move was basically unlikely, according to what the options were implying yesterday.  LNKD is probably going to open up at a new all time high. Bullish fundamentals are paired with bullish management.

Analysts are moving around their PTs. BMO Capital Markets maintained LNKD at market perform, but raised its $130 PT. JEF held on to its buy rating and increased its PT to $170.

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