LinkedIn Corp. held most of its gains after more than doubling yesterday in its debut, leaving investors in the first initial public offering of a major U.S. social-media site with a 107 percent gain.
The shares climbed as much as 14 percent before a late retreat left them down 1.2 percent for the day at $93.09 on the on the New York Stock Exchange. The stock, traded under the ticker LNKD, surged 109 percent to $94.25 yesterday.