LinkedIn upsizes stock offering to $1.2B, prices it at $223

|About: LinkedIn (LNKD)|By:, SA News Editor

LinkedIn (LNKD) is selling 5.38M shares at $223, and giving underwriters a 30-day option to buy another 807K shares. (PR)

LNKD -2.1% AH to $234.01, after falling 2.9% in regular trading in response to the initial offering announcement. Speculation continues to swirl that the funds will be used to go after German professional networking site Xing.

For reference, LinkedIn traded at $114.82 going into 2013.