LinkedIn slumps following downbeat ITG note

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

ITG Research, which only last month reported LinkedIn's (LNKD -5.2%) Q4 was tracking well above consensus, now says checks indicate the business social networking leader has seen "unexpected deceleration in order volume."

LinkedIn has already provided subdued guidance the last two quarters. Though the company's recruiting/jobs and subscription sales have remained strong, its ad sales have been pressured by a transition to selling news feed ads.

Shares are still up 85% YTD, but down 18% from their September 12 high.