Ruckus Wireless cleared $126 million in an IPO that valued the company at $1.2 billion, though the stock tanked when it began publicly trading Friday morning. The company, however, is now well positioned to make a big mark in the carrier Wi-Fi market. Read more »
Analysts at Wall Street’s major financial firms initiated wholesale coverage of LinkedIn on Tuesday, putting forth their opinions of the company’s future growth prospects and estimates for how the stock should perform. Wall Street’s predictions for LinkedIn, in a word? Bullish. Read more »
More bad news for Blockbuster: The DVD rental firm announced yesterday that it will lose its place on the New York Stock Exchange next Wednesday, after it failed to get enough shareholder votes on a proposal designed to help it comply with NYSE requirements. Read more »
