Business network LinkedIn floated on NY Stock Exchange

Shares in the business network LinkedIn will begin trading at the New York Stock Exchange on 19 May at $45 a share.

This share price is at the top end of expectations, valuing the company at more than $4.25bn - a figure that is predicted to rise as retail investors rush to buy on the first day of trading.

It is the biggest internet IPO in the US since shares in Google went public seven years ago, yet could be dwarfed by a float of Facebook, reportedly planned for next year.

Michelle Fleury reports from New York.

BBC News