Global Equities Provides Color on LinkedIn

Global Equities provided color on LinkedIn (NYSE: LNKD). In a research report published today. Global Equities urged rethinking of investment thesis on LinkedIn. Global Equities argued that it was left amazed by how interchangeable social networks are, following Google Plus' (NASDAQ: GOOG) instant success. The rating agency is worried by Google's Professional Circles option, which might challenge LinkedIn, since many of its users started to use Google's social networking tools.

On Tuesday, LinkedIn lost 1.2% of its value to finish the day at $99.50, while Google added 1.28% to its value to end the day at $534.01.