LinkedIn Corp. (LNKD) gapped up Wednesday and climbed steadily during the first hour of trade, before settling into a range. The stock finished with a gain of 10.78 at $168.55 on above average volume.
LinkedIn rose above a 2-week trading range Wednesday and set a new high for the year. Evercore Partners raised its price target on the social media company to $200 from $160.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.