LinkedIn Opens at $83

LinkedIn, the Mountain View, Ca.-based social network, opened trading at 7:03 a.m. PDT at $83 a share -- far higher than the original price of $45. 

The company connects business-oriented users. It has far fewer users than Facebook, and does not currently make any profits.

CEO Jeff Weiner rang the opening bell on the New York Stock Exchange, where LinkedIn will trade as LNKD.

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