Tech-Sector in Focus By LinkedIn's IPO

Technology stocks advanced for an active trading session Thursday as investors responded to debut in the market for Internet professional networking company LinkedIn Corporation.

LinkedIn Corp (NYSE: LNKD) shares rose more than 139% to 107.01 dollars after its initial public offering of shares at a price of $ 45 per share.

Driven by strong demand that led to its initial public offering, IPO of LinkedIn valued at $ 45 per share, in the upper end of a newly raised range of $ 42 to $ 45 per share. Previously, the price range of IPO was $ 32 to $ 35.

Among the major tech stocks, gains of wine, Cisco Systems, Oracle Corporation and Amazon.com.

Cisco Systems, Inc. (NASDAQ: CSCO) has grown by 0.06% to $ 16.66 total traded volume of 41.85 million shares less than the average volume of 84.28 million. Its market capitalization is $ 92,040,000,000.

was the net result per share was $ 1.27 with net profit margin of 16.78% and 19.93% operating margin. Won 15. 80% return on equity.

Oracle Corporation (NASDAQ: ORCL) reported 1.74% gain to $ 34.50 in total trading volume of 15,070,000 shares. Its total outstanding shares are 5.06 billion shares with the market capitalization of $ 171.60 million.

Company revenue rate 5 years remained 17.85%. Its current ratio is 2.88 and the debt to equity was 0.40. Beta value is 1.11 times the return on investment was 15.30%.

Amazon.com, Inc. (NASDAQ: AMZN), the largest online retailer, announced that sales of electronic books have gone beyond the printed versions for the first time, an indication of the increasing dominance of digital Kindle.

Amazon currently sells 105 books per 100 electronic forms, the Seattle-based company said today in a statement. The speed of the U.S. book sales the current year is the fastest of the company has seen in over a decade, Amazon reported.