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• #Linkedin stock price drops professional#

But the couple sees an opportunity to combine production in the future. No manufacturing jobs or plants are being scrapped.

Goodyear expects to save $165M over two years from the merger. The happy couple will shave spend by combining corporate functions, R&D, and procurement. View the LNKD premarket stock price ahead of the market session or assess the after hours quote. The deal also strengthens Goodyear's position as #1 in the US, and nearly doubles its presence in China (where car sales are surging again). LinkedIn Corporation stock price live 195.98, this page displays NYSE LNKD stock exchange data. Goodyear stock jumped 21%, since investors think the merger will boost sales and cut costs (#synergy).Cooper stock soared 29%, since Goodyear will pay Cooper shareholders a cash and stock premium (worth 24% more than Cooper's closing stock price on February 19th).It's like the Royal Wedding, but for tires: Goodyear is the largest tire manufacturer in the US, and Cooper is #2. Yesterday, investors received an invite to the biggest tire wedding in America: Goodyear Tire & Rubber has agreed to buy Cooper Tire & Rubber for $2.8B (conveniently, they have the same last name). The Royal Tire Wedding: America’s largest tire companies tie the rubber knotīlimp-worthy news. LinkedIn's huge reach poises it to capitalize on the hot gig market.Ģ. Marketplaces could be a triple whammy sales puppy: More ad sales + more subscription sales + a cut of hiring transactions.BTW: both stocks plunged yesterday on the Microsoft report. With its massive network of ~740M users, LinkedIn has a leg up over freelance sites like Upwork and Fiverr, which generated a combined ~$550M in sales last year.

Part-time is the new full-time: the number of gig/contract/freelance workers is expected to triple to 42M this year from 2017. It's a good time for LinkedIn to beef up its gig offering: ~10M Americans are unemployed, and many are WFH freelancers looking for gigs.

#Linkedin stock price drops professional#

The pickup line of professional networking. Marketplaces is slated to launch this fall, and is expected to replace LinkedIn's $60/month ProFinder service (a skeletal version of Marketplaces).Users will be able to book freelancers straight through LinkedIn. "Gig" elicits thoughts of delivery drivers, but Marketplaces is targeted to white-collar pros (like: app developers, marketers, and designers). might actually be LinkedIn? Microsoft-owned LinkedIn is launching a gig marketplace called "Marketplaces" (#creative), according to The Information's PFWTM. LinkedIn is reportedly launching a gig-work marketplace (it’s so mature) A former national security advisor said the US would destroy Taiwans semiconductor factories if China seemed on the verge of controlling them after an invasion.