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LinkedIn Retains Most Gains Second Day After Surging in IPO

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.